India's fiscal deficit for April-May was ₹13,160 crore ($1.5 billion) or 0.8 per cent of the estimate for the financial year ending March 31, government data showed on Monday.
Net tax receipts at ₹3.5 trillion compared with ₹3.2 trillion a year earlier. Non-tax revenue at ₹3.6 trillion compared with ₹2.5 trillion a year ago.
Total government expenditure at ₹7.5 trillion compared with ₹6.2 trillion a year earlier. Capital expenditure, or spending on building physical infrastructure, was ₹2.2 trillion, against ₹1.4 trillion a year ago.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹810
1 Year
₹67/Month
Super Saver
₹1,170
2 Years
₹48/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app