India's fiscal deficit reached 4.55 lakh crore rupees through July. This figure represents 26.8% of the annual budget estimates for this year. The deficit narrowed significantly compared with year-earlier period. Total receipts stood at Rs 13.05 lakh crore rupees during this time. Overall expenditure also amounted to Rs 17.62 lakh lakh crore rupees.

India's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fifty percent by 2030. Domestic economic…

India has met its FY26 fiscal deficit target, with plans to cut the debt-to-GDP ratio to 50% by 2030, while maintaining over 7% economic growth amid global challenges.

India’s fiscal deficit stood at ₹4.55 lakh crore in April-July, or 26.8% of the ₹16.96 lakh crore target for financial year 2027.