New
Delhi: Tax revenues were up by 39 per cent at Rs81,444
crore, and non-tax revenue was up by 15 per cent at Rs25,107
crore till August this fiscal indicating a buoyant economy,
finance minister P Chidambaram has said, hinting that
it would be possible for the government to meet deficit
targets for 2006-07, even if some unexpected expenditures
came up.
The tax revenue was Rs58,482 crore and non-tax revenues
were at Rs21,687 crore from April to August last year.
Government
expenditure stood at Rs200,436 crore during the first
five months, which is 35.5 per cent of the Rs5,63,991
crore estimated in the budget for 2006-07. Plan expenditure
at Rs53,920 crore and non-plan expenditure at Rs1,46,516
crore were 31.2 per cent and 37.4 per cent of the budget
estimate respectively.
The
fiscal deficit touched Rs90,678 crore between April and
August (60.98 per cent of budget estimates), while the
revenue deficit stood at Rs79,348 crore (93.71 per cent
of budget estimates).
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