Mumbai, Aug. 3 -- India's fiscal deficit in April-June came in at Rs 3.1 lakh crore, or 18.2% of the budget estimate (BE) for the financial year ending March 31, government data showed on Friday. The deficit in the same period last year stood at Rs 2.8 lakh crore. According to the data released by the Controller General of Accounts (CGA), the Centre's net tax revenue was Rs 6.36 lakh crore, or 22.2% of the corresponding BE 2026-27 of total receipts, up to June 2026. In the corresponding period of the previous fiscal year, the net tax revenue was at 19% of that year's BE. total expenditure during the first quarter was at Rs 13.57 lakh crore, or 25.4% of BE. In the year-ago period, it was at 24.1% of BE.

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