Fiscal deficit reaches 80.4% of FY26 target by February
pre-market1 source ↓written by the desknot a recommendation
- hit
- ₹12.53 lakh crore
- of the full-year
- 80.4%
- tax collections reached
- ₹21.45 lakh crore
- of the annual
- 80.2%
The Union government’s fiscal deficit hit ₹12.53 lakh crore, or 80.4% of the full-year target by February FY26, reflecting strong revenue growth and capital spending. Net tax collections reached ₹21.45 lakh crore, accounting for 80.2% of the annual target, indicating improved fiscal health compared to last year.
This steady performance may bolster market confidence as the government continues to manage its finances effectively, potentially influencing investor sentiment in the coming months.
Not investment advice. For informational purposes only.