Particle.news
Download on the App Store
8 ARTICLES
·
52m ago

India’s April–August Fiscal Deficit Hits Rs 5.98 Lakh Crore, 38% of FY26 Target

The gap reflects slower tax inflows offset only partly by stronger non-tax receipts.

Image
Image
India's fiscal deficit widens to Rs 5.98 trillion in April-August
Fiscal deficit

Overview

  • CGA data show the April–August FY26 shortfall at Rs 5.98 lakh crore, equating to 38.1% of the Rs 15.7 lakh crore full-year goal.
  • Net tax revenue came in at Rs 8.1 lakh crore, down from Rs 8.7 lakh crore in the same period last year.
  • Non-tax revenue rose to Rs 4.4 lakh crore from Rs 3.3 lakh crore a year earlier.
  • Total expenditure reached Rs 18.8 lakh crore versus Rs 16.5 lakh crore a year earlier, with capital outlays at Rs 4.3 lakh crore compared with Rs 3.0 lakh crore.
  • Infrastructure push, subsidies and welfare payouts lifted spending, and economists say the government may look to disinvestment and GST buoyancy in the second half to manage the gap.