Budget 2023: Lower interest, dividend income in FY23
Both interest receipts and dividends and the profit of the central government are expected to decline in FY23 by 16% and 29%, respectively.
non tax revenue
February 2023
December 2022
July 2022
Govt’s fiscal deficit widens to 58.9% of FY23 target
Govt recently told Parliament the fiscal deficit in H1 FY23 remained significantly lower than the moving average of the last five years on the back of tax buoyancy.
Fiscal deficit for Apr-June at 3.5 lakh cr; 21% of FY23 target
June fiscal deficit at ₹1.48 lakh cr. During April-March last year, fiscal deficit was ₹2,74,245 cr, 18.2% of FY22 target
