https://www.taxtmi.com/news?id=39008 The Controller General of Accounts reported the fiscal deficit at 85.8 percent of the annual target by end-February 2025, with an April-February gap of Rs 13,46,852 crore. Net tax revenue was about 78.8 percent and total expenditure about 82.5 percent of revised estimates for 2024-25. The Budget pegs the fiscal deficit at 4.8 percent of GDP for 2024-25 and forecasts 4.4 percent for 2025-26, while transfers to state governments through tax devolution rose to Rs 11.80 lakh crore through February. en-us Fri, 28 Mar 2025 17:01:02 +0530 Fri, 28 Mar 2025 17:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39008 The Controller General of Accounts reported the fiscal deficit at 85.8 percent of the annual target by end-February 2025, with an April-February gap of Rs 13,46,852 crore. Net tax revenue was about 78.8 percent and total expenditure about 82.5 percent of revised estimates for 2024-25. The Budget pegs the fiscal deficit at 4.8 percent of GDP for 2024-25 and forecasts 4.4 percent for 2025-26, while transfers to state governments through tax devolution rose to Rs 11.80 lakh crore through February. News - Fri, 28 Mar 2025 17:01:02 +0530 https://www.taxtmi.com/news?id=39008