Apr-Jan fiscal deficit widens to ₹11.91 lakh cr; 67.8% of Budget estimates
As per India Ratings and Research, the government will be able to meet the fiscal deficit target set forth in the Budget 2022-23 on higher tax collections
revenue receipts
February 2023
December 2022
July 2022
January 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
Budget 2022: GST, oil drive govt revenue
Anti-evasion actions by tax authorities coupled with a digital push boosted GST collections, while high fuel taxes have added to the exchequer's revenues.
