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Apr-Nov fiscal gap at 62.3% of FY26 estimate
Hindustan Times Pune
|January 01, 2026
THE CENTRE'S FISCAL POSITION IS SUPPORTED BY DIVIDEND PAYOUTS
India’s fiscal deficit from April to November 2025 stood at ₹9.76 trillion or 62.3% of the budget estimate for 2025-26, showed data from the Controller General of Accounts (CGA).
Total receipts stood at ₹19.49 trillion, including revenue receipts of ₹19.10 trillion, while the government has spent ₹29.25 trillion.
In the previous fiscal, the deficit was lower at ₹8.5 trillion or 52.5% of the budget estimate in the same period.
Better-than-expected non-tax revenue collection of ₹5.16 trillion, or 88.6% of the full-year budget estimate, was achieved in the first eight months of FY26, cushioning the central government's finances. This was higher than the 4.27 trillion collected in the year-ago period.
This story is from the January 01, 2026 edition of Hindustan Times Pune.
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