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India's fiscal deficit in FY 2024/25
June 4 , 2025
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- The central government’s fiscal deficit stood at Rs 15.77 lakh crore or 100.5% of the revised annual target.
- The latest figure is lower than the ₹16.54 trillion registered in FY24, which was 95.3% of the estimates for the year.
- Total expenditure stood at Rs 46.56 lakh crore, which is 98.7% of this fiscal year's revised budget targets.
- The central government's fiscal deficit target was 4.8% of the gross domestic product (GDP) for 2024-25, with a further reduction to 4.4% targeted for 2025-26.
- Revenue receipts stood at Rs 30.36 lakh crore, of which tax revenue was Rs 24.99 lakh crore and non-tax revenue was Rs 5.38 lakh crore.
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