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April-July Fiscal Deficit At $42.91 Bn: Report

Net tax receipts stood at Rs 6.66 trillion while total expenditure was Rs 11.27 trillion

India’s fiscal deficit (INFISC=ECI) for the fourth months through June touched Rs 3.41 trillion ($42.91 billion) or 20.5% of annual estimates, government data showed on Wednesday. Net tax receipts stood at Rs 6.66 trillion while total expenditure was Rs 11.27 trillion, the data showed.

(Reuters)