Tax revenues at the end of the first quarter stood at ₹5.06 lakh crore, 22% higher than the same quarter last year. Non-tax revenues contracted by 51.2% in the same period due to 69.4% lower surplus transferred by the RBI to the Centre, pulling down the overall revenue receipts that grew by a tepid 5.2%.source https://economictimes.indiatimes.com/industry/banking/finance/fiscal-deficit-at-3-5-lakh-cr-in-q1-21-2-of-fy23-target/articleshow/93220242.cms
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