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Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%
Business

Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%

The country's fiscal deficit widened to 4.6 percent of the Gross Domestic Product in 2019-20 mainly on account of poor revenue realisation, according to official data

Fiscal deficit touches 135.2% of budget estimate for 2019-20 at Rs 10.36 lakh cr till February-end: CGA
Business

Fiscal deficit touches 135.2% of budget estimate for 2019-20 at Rs 10.36 lakh cr till February-end: CGA

The government's fiscal deficit touched 135.2 percent of the full-year target at February-end mainly due to slower pace of revenue collections, according to an official data released on Tuesday

Fiscal deficit hits 132% of Budget Estimate for 2019-2020 at Rs 9.32 lakh crore till December end
Business

Fiscal deficit hits 132% of Budget Estimate for 2019-2020 at Rs 9.32 lakh crore till December end

The government's fiscal deficit touched 132.4 percent of the full-year target at December-end mainly due to slower pace of revenue collections, official data showed on Friday

Fiscal deficit hits 115% of Budget Estimate for 2019-20 at Rs 8.07 lakh cr till November-end
Business

Fiscal deficit hits 115% of Budget Estimate for 2019-20 at Rs 8.07 lakh cr till November-end

The country's fiscal deficit hit 114.8 percent of 2019-20 Budget Estimate at Rs 8.07 lakh crore at the end of November, official data showed on Tuesday

Soma Roy Burman appointed 24th Controller General of Accounts: 1986-batch ICAS officer has served in Home Affairs, I&B ministries
India

Soma Roy Burman appointed 24th Controller General of Accounts: 1986-batch ICAS officer has served in Home Affairs, I&B ministries

Soma Roy Burman, a 1986-batch Indian Civil Accounts Service Officer, was appointed the new Controller General of Accounts (CGA) on Sunday

Fiscal deficit hits 102% of Budget Estimate for 2019-20 at Rs 7.2 lakh crore till October-end
Business

Fiscal deficit hits 102% of Budget Estimate for 2019-20 at Rs 7.2 lakh crore till October-end

The country's fiscal deficit hit 102.4 percent of 2019-20 Budget Estimate at Rs 7.2 lakh crore at the end of October, government data showed on Friday

Fiscal deficit reaches over 78% of Budget Estimate for 2019-20 at Rs 5.54 lakh cr till August-end
Business

Fiscal deficit reaches over 78% of Budget Estimate for 2019-20 at Rs 5.54 lakh cr till August-end

The country's fiscal deficit touched Rs 5.54 lakh crore at the end of August, which was 78.7 percent of the Budget Estimate for 2019-20, official data showed on Monday

Fiscal deficit touches Rs 5.47 lakh cr at July-end; reaches 77.8% of budget estimate for 2019-20
Business

Fiscal deficit touches Rs 5.47 lakh cr at July-end; reaches 77.8% of budget estimate for 2019-20

The government's fiscal deficit touched Rs 5.47 lakh crore in the June quarter, which is 77.8 percent of the budget estimate for 2019-20

Fiscal deficit touches Rs 4.32 lakh crore in Q1; reaches 61.4% of budget estimate for 2019-20
Business

Fiscal deficit touches Rs 4.32 lakh crore in Q1; reaches 61.4% of budget estimate for 2019-20

The government's fiscal deficit touched Rs 4.32 lakh crore for the June quarter, which is 61.4 percent of the budget estimate for 2019-20 fiscal

Fiscal deficit crosses 134% of budget estimate at February-end on tepid growth in revenue collections
Business

Fiscal deficit crosses 134% of budget estimate at February-end on tepid growth in revenue collections

The country's fiscal deficit touched 134.2 percent of the full-year revised budgeted estimate at the end of February 2019, mainly due to tepid growth in revenue collections, official data showed on Friday.

Fiscal deficit touches 121.5% of full-year target in January on account of lower revenue collections
Business

Fiscal deficit touches 121.5% of full-year target in January on account of lower revenue collections

The fiscal deficit stood at Rs 7.70 lakh crore during April-January of the current financial year ending March

April-December fiscal deficit touches 112.4% of FY'19 Budget target on lower revenue collections
Business

April-December fiscal deficit touches 112.4% of FY'19 Budget target on lower revenue collections

The fiscal deficit stood at Rs 7.01 lakh crore during April-December of the current financial year which ends in March.

Fiscal deficit at Rs 7.16 lakh cr touches 115% of annual target during April-November, says govt
Business

Fiscal deficit at Rs 7.16 lakh cr touches 115% of annual target during April-November, says govt

The country's fiscal deficit touched 114.8 percent of the full-year target of Rs 6.24 lakh crore at the end of November on account of lower revenue collections, showed government data on Thursday.

Fiscal deficit widens to 95.3% of the Budget estimate in Apr-Sep on slower growth in revenue collections
Business

Fiscal deficit widens to 95.3% of the Budget estimate in Apr-Sep on slower growth in revenue collections

In actual terms, the fiscal deficit or gap between the total expenditure and receipts was Rs 5.94 lakh crore during April-September this fiscal.

Govt finances show improvement in August with fiscal deficit at 94.7 percent of budget estimate
Business

Govt finances show improvement in August with fiscal deficit at 94.7 percent of budget estimate

In actual terms, the fiscal deficit or gap between the total expenditure and receipts was Rs 5.91 lakh crore in the first five months period of 2018-19 financial year

Govt finances show improvement in July on higher revenue collection; fiscal deficit at 86.5% of bugdet estimate
Business

Govt finances show improvement in July on higher revenue collection; fiscal deficit at 86.5% of bugdet estimate

In actual terms, the fiscal deficit or gap between the total expenditure and receipts was Rs 5.4 lakh crore in the first four months of 2018-19 financial year.

Fiscal deficit shows improvement in June quarter on higher revenue collection, govt data shows
Business

Fiscal deficit shows improvement in June quarter on higher revenue collection, govt data shows

Government's finances have shown improvement in the June quarter of 2018-19 with fiscal deficit working out to 68.7 percent of the Budget Estimate, mainly on account of higher revenue collection

Fiscal deficit soars to Rs 7.15 lakh cr or 120% of revised estimates at February end
Business

Fiscal deficit soars to Rs 7.15 lakh cr or 120% of revised estimates at February end

As per data released by the Controller General of Accounts (CGA), fiscal deficit for April-February was 120 percent of the revised estimates on account of increased expenditure and subdued revenue receipts

Fiscal deficit for April-January period hits 113.7% of full-year revised target
Business

Fiscal deficit for April-January period hits 113.7% of full-year revised target

The fiscal deficit, reflection of government borrowings to meet revenue-expenditure gap, was 113.7 percent in the 10-month period of 2017-18 as compared to 105.7 percent in the year-ago period.

Fiscal deficit crosses 96% of FY18 target at October-end owing to lower revenue realisation
Business

Fiscal deficit crosses 96% of FY18 target at October-end owing to lower revenue realisation

In absolute terms, the fiscal deficit -- the difference between expenditure and revenue -- was Rs 5.25 lakh crore during April-October of 2017-18, according to data of the Controller General of Accounts (CGA).