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Govt capex up 40%...
Financial Express Delhi
|November 01, 2025
THE GROSS TAX revenue during the period grew 2.8% on year while devolution rose by 16% on year.
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Non-tax revenues surged by 30.5% on year to 4.6 lakh crore in H1, aided by the receipt of the higher-thanbudgeted dividend from the Reserve Bank of India. There is no threat to the Centre’s plan to bring down fiscal deficit to 4.4% of GDP in FY26, official sources and mo
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