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Apr-Jul fiscal deficit at 30% of annual target
Financial Express Kochi
|August 30, 2025
• Capex grew 33% on year in first 4 months
THE CENTRE'S FISCAL deficit widened to 29.9% of the annual target in the first four months of 2025-26, sharply higher than 17.2% in the year-ago period, as net tax revenues continued to contract and capital expenditure accelerated.
The deficit rose to 4.7 lakh crore in April-July compared with 2.8 lakh crore in the year-ago period.
During the period, net tax revenues contracted 7.5% to 6.62 lakh crore, while non-tax revenues surged 34% on a y-o-y basis following the receipt of the higher-than-budgeted dividend transfer from the Reserve Bank of India (RBI).
This story is from the August 30, 2025 edition of Financial Express Kochi.
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