India’s federal fiscal deficit in April-August, the first five months of the fiscal year, stood at 4.68 trillion rupees, or 31.1% of the budgeted target for the whole year, government data showed on Thursday. Net tax receipts were 6.45 trillion rupees while total expenditure was 12.77 trillion rupees, the data showed. Source: Reuters (Reporting by …
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Author: Capt. John
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