positive
India’s fiscal deficit at 33% of FY25 target as tax collections remain robust
India’s fiscal deficit for April–September 2025 stood at ₹6.37 trillion, or 33 % of the full-year target, reflecting healthy revenue growth. Net tax receipts rose 17 % YoY to ₹11.8 trillion, supported by GST and corporate-tax buoyancy. Expenditure reached ₹19.4 trillion, with capital spending maintaining a 12 % YoY rise. Economists said the government remains on track to meet its 5.1 % fiscal-deficit target for FY25 without cutting infrastructure outlays. Fiscal discipline, aided by strong direct-tax performance, is expected to support India’s sovereign-rating outlook.
Tags:
- india
- fiscal deficit
positive
India’s fiscal deficit at 33% of FY25 target as tax collections remain robust
India’s fiscal deficit for April–September 2025 stood at ₹6.37 trillion, or 33 % of the full-year target, reflecting healthy revenue growth. Net tax receipts rose 17 % YoY to ₹11.8 trillion, supported by GST and corporate-tax buoyancy. Expenditure reached ₹19.4 trillion, with capital spending maintaining a 12 % YoY rise. Economists said the government remains on track to meet its 5.1 % fiscal-deficit target for FY25 without cutting infrastructure outlays. Fiscal discipline, aided by strong direct-tax performance, is expected to support India’s sovereign-rating outlook.
Tags:
- india
- fiscal deficit
1 min read
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India’s fiscal deficit hit 33 % of the FY25 target by September as tax revenues grew 17 % YoY, keeping the government on course for its 5.1 % full-year goal.
India’s fiscal deficit for April–September 2025 stood at ₹6.37 trillion, or 33 % of the full-year target, reflecting healthy revenue growth. Net tax receipts rose 17 % YoY to ₹11.8 trillion, supported by GST and corporate-tax buoyancy. Expenditure reached ₹19.4 trillion, with capital spending maintaining a 12 % YoY rise. Economists said the government remains on track to meet its 5.1 % fiscal-deficit target for FY25 without cutting infrastructure outlays. Fiscal discipline, aided by strong direct-tax performance, is expected to support India’s sovereign-rating outlook.
India’s fiscal deficit for April–September 2025 stood at ₹6.37 trillion, or 33 % of the full-year target, reflecting healthy revenue growth. Net tax receipts rose 17 % YoY to ₹11.8 trillion, supported by GST and corporate-tax buoyancy. Expenditure reached ₹19.4 trillion, with capital spending maintaining a 12 % YoY rise. Economists said the government remains on track to meet its 5.1 % fiscal-deficit target for FY25 without cutting infrastructure outlays. Fiscal discipline, aided by strong direct-tax performance, is expected to support India’s sovereign-rating outlook.
Tags:
- india
- fiscal deficit
- india
- fiscal deficit
- gst
- tax revenue
- budget