Finance Minister Nirmala Sitharaman, however, retained the fiscal deficit estimate at 4.5 per cent for 2025-26 as announced in February.
“For the year 2024-25, the total receipts other than borrowings and the total expenditure are estimated at Rs 32.07 lakh crore and Rs 48.21 lakh crore, respectively. The net tax receipts are estimated at Rs 25.83 lakh crore. The fiscal deficit is estimated at 4.9 per cent of GDP,” she said, while presenting the Budget in Lok Sabha.
This story is from the July 24, 2024 edition of Millennium Post Delhi.
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This story is from the July 24, 2024 edition of Millennium Post Delhi.
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