India’s fiscal deficit for April–September FY26 stood at 36.5% of the full-year target, higher than 29.4% in the same period last year, mainly due to strong capital expenditure and higher tax devolution to states despite muted tax growth. BulletsIn Fiscal deficit reached 36.5% of FY26 target vs 29.4% in H1FY25 Capex surged 40%, using 51.8%
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India’s fiscal deficit for April–September FY26 stood at 36.5% of the full-year target, higher than 29.4% in the same period last year, mainly due to strong capital expenditure and higher tax devolution to states despite muted tax growth. BulletsIn Fiscal deficit reached 36.5% of FY26 target vs 29.4% in H1FY25 Capex surged 40%, using 51.8%
