Centre’s Fiscal Deficit Reaches Rs 12.52 Lakh Crore at End of February
New Delhi, March 30 – The Centre’s fiscal deficit reached Rs 12.52 lakh crore at the end of February, representing 80.4 per cent of the annual budget target for 2025-26, according to government data released on Monday. This figure compares to 85.8 per cent for the same period in the previous fiscal year.Fiscal Deficit Details
The central government estimates a fiscal deficit of 4.4 per cent of GDP, translating to Rs 15.58 lakh crore, for the 2025-26 financial year.Revenue and Expenditure Figures
The Controller General of Accounts (CGA) reported total receipts for the Centre at Rs 27.91 lakh crore, or 82 per cent of the budget target by the end of February 2026. These receipts comprised Rs 21.45 lakh crore in net tax revenue and Rs 5.8 lakh crore in non-tax revenue.| Category | Amount (Rs Lakh Crore) | Percentage of Budget Target |
|---|---|---|
| Total Receipts | 27.91 | 82 |
| Net Tax Revenue | 21.45 | – |
| Non-Tax Revenue | 5.8 | – |
| Total Expenditure | 40.44 | 81.5 |
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