Government ❯Finance ❯Fiscal Policy

Fiscal Deficit

Union Budget Budget Estimates GDP Revenue and Expenditure

RBI Dividend and Tax Gains Cut April-May Deficit to 0.8% of FY26 Target

A record Reserve Bank of India dividend underpinned a May surplus that boosts prospects of capping the fiscal gap at 4.4% of GDP

India holds FY25 fiscal deficit at 4.8% of GDP as RBI dividend builds FY26 buffer