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Fiscal deficit widens to 52.6% in Apr-Oct; net tax revenue contracts

Financial Express Mumbai

|

November 29, 2025

Required tax growth jumps to 31%

- PRASANTA SAHU

THE CENTRE'S FISCAL deficit widened to 52.6% of the annual target in the first seven months of 2025-26, compared with 46.5% of the respective target in the year-ago period, owing to higher capex growth while net tax revenues continued to contract.

The fiscal deficit in April-October of FY26 stood at ₹8.25 lakh crore compared with ₹7.5 lakh crore in the year-ago period.

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