India's fiscal deficit in the first four months of the 2014/15 financial year was Rs 3.25 lakh crore ($53.7 billion), or 61.2% of the full-year target, government data showed on Friday.
The deficit was 62.8% during the same period in the previous fiscal year.
Net tax receipts were at Rs 1.47 lakh crore in the first four months of the current fiscal year to March 2015, while total expenditure was about Rs 5.04 lakh crore