India's fiscal deficit during April-October 2016 touched 79.3 per cent of the budgeted figure or Rs 4.24 lakh crore, as per the figures released by the Controller General of Accounts (CGA) on Wednesday.
According to CGA data, the fiscal deficit -- difference between revenue and expenditure -- for the April-October period touched Rs 4.24 lakh crore as against the budget estimates of Rs 5.34 lakh crore for the 2016-17 fiscal.
As against total government receipts of Rs 7.27 lakh crore, the total expenditure (plan and non-plan) was Rs 11.51 lakh crore.
Of the total receipts, the tax revenue was Rs 5.30 lakh crore.
The revenue deficit for the period under review stood at Rs 3.28 lakh crore, which is 92.6 per cent of the budget estimates.
--IANS
mm/tsb/dg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app