Thursday, 27 December 2018

April-November fiscal deficit touches nearly 115 per cent of FY target -The Total Investment & Insurance Solutions


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27 December 2018

fiscal deficit(The Total Investment & Insurance Solutions)


India's April-November fiscal deficit stood at 7.17 lakh crore ($101.93 billion), or 114.8 percent of the budgeted target for the current fiscal year, government data showed on Thursday. The Total Investment & Insurance Solutions

Net tax receipts in the first eight months of the fiscal year that ends in March 2019 were 7.32 lakh crore, data showed. 

The government is widely expected to miss its fiscal deficit target of 3.3 percent of GDP in the current fiscal year, or announce spending cuts in the last quarter. The Total Investment & Insurance Solutions

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