India’s fiscal deficit reached 17.9 percent of its full-year target by June. The Controller General of Accounts released the data. The fiscal gap for April-June 2025-26 stood at Rs 2,80,732 crore. Net tax revenue was Rs 5.4 lakh crore, 19 percent of Budget Estimates. Total expenditure during the first quarter was Rs 12.22 lakh crore.