New Delhi, March 30 The Centre's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26, compared to 85.8 per cent in the previous year, according to government data released on Monday.
The central government estimates the fiscal deficit (the gap between expenditure and revenue) during 2025-26 at 4.4 per cent of GDP, or Rs 15.58 lakh crore.
According to monthly accounts released by the Controller General of Accounts (CGA), the Centre's total receipts stood at Rs 27.91 lakh crore, or 82 per cent of the budget target by the end of February 2026.
The receipts included Rs 21.45 lakh crore in net tax revenue and Rs 5.8 lakh crore in non-tax revenue.
The CGA data showed that the central government's total expenditure during April-February 2025-26 stood at Rs 40.44 lakh crore, or 81.5 per cent of the full financial year budget target.
