fiscal deficit: Fiscal deficit for April – January period stands at 113.7% of target
NEW DELHI: Authorities information on Wednesday reported the nation’s fiscal deficit at Rs 6.77 lakh crore for the interval April 2017-January 2018. At the moment, the fiscal deficit is at 113.7 per cent of the goal initially set for the fiscal 12 months that ends in March.
Internet tax receipts within the first ten months of 2017-18 fiscal 12 months had been Rs 9.7 lakh crore, authorities information confirmed.
Finance Minister Arun Jaitley in his finances for 2018-19 stated the fiscal deficit goal for the present 12 months has been raised to three.5 per cent of gross home product (GDP) from three.2 per cent.