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India's April-July fiscal deficit narrows on-year to 20.5% of FY aim

Total receipts stood at 7.86 trillion rupees, while overall expenditure in April to July was at 11.27 trillion rupees. They were 34.4% and 28.6% of this fiscal year's budget target. Revenue receipts stood at 7.56 trillion rupees, of which tax revenue was 6.66 trillion rupees and non-tax revenue was 895.83 billion rupees.
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