India's Fiscal Deficit In Apr-May At 3% Of FY25 Target

The revenue receipts, however, exceeded the expenditure, resulting in a surplus of Rs 90,923 crore, the CGA data showed. Higher tax revenue and the RBI dividend have kept the revenue receipts at 19 per cent of the budgeted estimates for April-May FY25 period, compared to around 15 per cent in the corresponding period last year.