New Delhi - The Indian budgetary fiscal deficit over the first half of the current financial year -- at Rs 4.99 lakh crore - stood at 91.3% of the full year's target of Rs 5.46 lakh crore, official data showed.
The data furnished by the Comptroller General of Accounts (CGA) showed that April-September fiscal deficit was 83.9% of the budget in the like period of the last fiscal.
According to the CGA data, tax revenue during the period under review was Rs 6.23 lakh crore, or 41.1% of the estimates, while total receipts -- from revenue and non-debt capital -- during the fiscal's first half were Rs 6.50 lakh crore, or 40.6% of the estimates for the current year.
The 2017-18 deficit -- the difference between revenue and expenditure -- has been pegged at Rs 5.46 lakh crore for 2017-18, as compared to the deficit of Rs 5.34 lakh crore for the last fiscal.
The revenue-expenditure dynamic can be said to have improved over the previous month when the April-August fiscal deficit touched 96.1% of the budget estimate for the full fiscal.
The data revealed that total expenditure during the April-September period was Rs 11.49 lakh crore, or at 53.5% of the entire fiscal's estimate.
The revenue deficit during the period under review was over Rs 3.8 lakh crore, or 91.9%, of the estimates.
The government has a target of keeping the fiscal deficit for the current year at 3.2% of the GDP.