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Global Business / The Economic Times

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Fiscal deficit at 52.6% of annual target till Oct

India's fiscal deficit from April to October reached 8.25 lakh crore. This is 52.6% of the annual target. Lower net tax receipts and higher capital expenditure contributed to this widening. Experts anticipate that future savings and better non-tax revenue will help meet the 4.4% fiscal deficit target for FY26.

29 Nov 2025 12:51 am