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India's April-August fiscal deficit narrows to 66.5 pct of annual target - govt

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's fiscal deficit narrowed to 3.69 trillion rupees ($56.3 billion) during April-August, or 66.5 percent of the full-year target, government data showed on Wednesday.

The deficit was at 74.9 during the same period a year ago.

Net tax receipts were at 2.99 trillion rupees in the first five months of the fiscal year that ends in March 2016.

($1 = 65.5204 Indian rupees)

(Reporting by Manoj Kumar; Editing by Hugh Lawson)

 

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First Published: Sep 30 2015 | 8:02 PM IST

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