India’s April-August fiscal deficit at 38.1% of 2025/26 target

NEW DELHI (Reuters) -India’s fiscal deficit in April-August was 5.98 trillion rupees ($67.34 billion) or 38.1% of the estimate for the financial year ending March 31, government data showed on Tuesday.

KEY NUMBERS

* Net tax receipts at 8.1 trillion rupees, down from 8.7 trillion rupees collected in the same period a year ago.

* Non-tax revenue at 4.4 trillion rupees compared with 3.3 trillion rupees a year ago.

* Total government expenditure at 18.8 trillion rupees compared with 16.5 trillion rupees a year earlier.

* Capital expenditure, or spending on building physical infrastructure, at 4.3 trillion rupees, against 3 trillion rupees a year ago.

($1 = 88.8040 Indian rupees)

(Reporting by Nikunj Ohri in New Delhi; Editing by Mrigank Dhaniwala)

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