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India's 2025/26 Fiscal Deficit at 4.4%, Meets Estimates

June 1 (Reuters) - India's fiscal deficit stood at 4.4% of the gross domestic ​product for the year ended March ‌31, 2026, data showed on Monday, in line with government's revised estimates.

The deficit was ​at 15.19 trillion rupees ($159.91 billion), ​or 97.5% of the government's revised ⁠estimates presented in February.

In April, the ​fiscal deficit amounted to 21.4% of the ​budgeted target for the full year ending March 2027, data showed.

KEY NUMBERS FOR 2025/26

- Net ​tax receipts at 33 trillion ​rupees ($347.40 billion), up from 30.87 trillion rupees collected ‌in ⁠the same period a year ago.

- Non-tax revenue at 6.8 trillion rupees, compared with 5.31 trillion rupees a year ​ago.

- Total ​government ⁠expenditure at 49 trillion rupees compared with 47.16 trillion rupees ​a year earlier.

- Capital expenditure, ​or ⁠spending on building physical infrastructure, stood at 10.7 trillion rupees against 10.18 trillion ⁠rupees ​a year ago.

($1 = 94.9900 ​Indian rupees)

Reporting by Shubham Batra in New Delhi; ​Editing by Ronojoy Mazumdar and Janane Venkatraman

Source: Reuters


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