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Government betters its own Financial Targets During 2014-15; Fiscal Deficit for the Financial Year 2014-15 stands at 4.0 % as against the Target of 4.1 % while Revenue Deficit for FY 2014-15 stands at 2.8% as Against Target of 2.9% ;

Dated:- 18-5-2015 - Gross Tax Collections During 2014-15 Stand at ₹ 12,45,037 Crore and thus Registering a Growth of 9% during the period as Compared to FY 2013-14 The Provisional Accounts for the year ended 31st March, 2015 have been complied .....

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f prudent policies and commitment to fiscal consolidation, the fiscal deficit at the end of 2014-15, stands at ₹ 5,01,880 crore which is 98% of the projected figure in RE 2014-15. Fiscal deficit as a percentage of GDP is 4.0% as against the RE .....

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the RE 2014-15 and is 2.8% of the GDP as against the RE of 2.9%. (3.2% for the previous year FY13-14) 2. Receipts: Gross Tax Collections at ₹ 12,45,037 crore has shown a growth of 9% (Rs.1,06,303 crore) as compared to FY 2013-14. The gross tax .....

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