India's 2025/26 fiscal deficit at 4.4%, in line with government estimates – Yahoo Finance Singapore

Home Latest News India's 2025/26 fiscal deficit at 4.4%, in line with government estimates – Yahoo Finance Singapore
India's 2025/26 fiscal deficit at 4.4%, in line with government estimates – Yahoo Finance Singapore

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June 1 (Reuters) – India's fiscal deficit stood at 4.4% of the gross ‌domestic product for the year ended ‌March 31, 2026, data showed on Monday, in ​line with government's revised estimates.
The deficit was at 15.19 trillion rupees ($159.91 billion), or 97.5% of the government's revised estimates presented ‌in February.
In April, ⁠the fiscal deficit amounted to 21.4% of the budgeted target ⁠for the full year ending March 2027, data showed.
KEY NUMBERS FOR 2025/26
– Net ​tax receipts ​at 33 trillion ​rupees ($347.40 billion), up ‌from 30.87 trillion rupees collected in the same period a year ago.
– Non-tax revenue at 6.8 trillion rupees, compared with 5.31 trillion rupees a year ago.
– ‌Total government expenditure at ​49 trillion rupees compared ​with 47.16 trillion ​rupees a year earlier.
– Capital ‌expenditure, or spending on ​building physical ​infrastructure, stood at 10.7 trillion rupees against 10.18 trillion rupees a year ​ago.
($1 = 94.9900 ‌Indian rupees)
(Reporting by Shubham Batra in ​New Delhi; Editing by Ronojoy Mazumdar ​and Janane Venkatraman)
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