India logs lower fiscal deficit in Apr-Feb on revenue show

During April-Feb, net tax receipts were 78.8% of target, while non-tax receipts were at 92.9%

- Rhik Kundu

The Union government reported a lower fiscal deficit for April-February as compared with the same year-earlier period, helped by strong revenue growth outpacing expenditure this fiscal year.

The central government's fiscal deficit for April-February stood at ₹15.70 trillion, which is 85.8% of the revised estimate for FY25, according to the data released by the Controller General of Accounts (CGA) on Friday.

The latest figure is lower than the ₹17.35 trillion registered a year ago, which was 86.5% of the estimate for 2023-24.