Fiscal status: Centre’s fiscal deficit reaches 36.5% of FY26 target; tax revenue touches nearly half of budget estimate
The Centre’s fiscal deficit reached 36.5% of its full-year target by the end of the first half of FY26, a notable increase from 29% in the previous year. This gap, representing the difference between expenditure and receipts, amounted to Rs 5.73 lakh crore. Total receipts for the period stood at Rs 16.95 lakh crore, covering…
