India's April-Oct fiscal deficit touches 74% of full-year target
The deficit was 89.6% of the full-year target during the same period a year ago
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India's fiscal deficit reached Rs 4.11 lakh crore ($61.67 billion) during April-October or 74% of the full-year target, government data showed on Monday.
The deficit was 89.6% of the full-year target during the same period a year ago.
Net tax receipts were Rs 4.29 lakh crore ($64.37 billion)in the first seven months of the fiscal year that ends in March 2016, while total spending touched Rs 10.22 lakh crore.
($1 = 66.6500 Indian rupees)
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First Published: Nov 30 2015 | 5:08 PM IST