https://www.taxtmi.com/news?id=54008 Central accounts for April-July show the fiscal deficit at 29.9% of the full year target; receipts comprised net tax revenue, non tax revenue and non debt capital receipts, while substantial tax devolution to states reduced net central resources. The monthly figure is affected by timing mismatches between non debt receipts and expenditure and is not necessarily indicative of the year end fiscal outcome. Expenditure pressures stem from interest payments and subsidies, with capital spending rising faster; analysts note delayed tax filings and potential GST changes as risks to fiscal headroom. en-us Fri, 29 Aug 2025 18:01:04 +0530 Fri, 29 Aug 2025 18:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54008 Central accounts for April-July show the fiscal deficit at 29.9% of the full year target; receipts comprised net tax revenue, non tax revenue and non debt capital receipts, while substantial tax devolution to states reduced net central resources. The monthly figure is affected by timing mismatches between non debt receipts and expenditure and is not necessarily indicative of the year end fiscal outcome. Expenditure pressures stem from interest payments and subsidies, with capital spending rising faster; analysts note delayed tax filings and potential GST changes as risks to fiscal headroom. News - Fri, 29 Aug 2025 18:01:04 +0530 https://www.taxtmi.com/news?id=54008