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        <h1>Fiscal Deficit from 2011-15: 5.8% to 4.1% of GDP; Subsidies Exceeded Rs. 255,000 Crores in 2013-14.</h1> The fiscal deficit for the years 2011-12 to 2014-15 ranged from 5.8% to 4.1% of GDP, primarily due to higher government expenditure compared to receipts. Subsidies for fertilizers, food, petroleum, interest, and other areas were detailed, with total subsidies reaching over 255,000 crores in 2013-14. The Direct Benefit Transfer on LPG (DBTL) began in June 2013 but was halted in February 2014 due to consumer grievances. A committee was established to address these issues. This information was provided by the Minister of State for Finance in a Lok Sabha session.

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        ActsIncome Tax
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