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Fiscal deficit hits 99 pct of full-year target in November

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's fiscal deficit was 5.25 trillion rupees ($83.08 billion) during April-November, or 98.9 percent of the full-year target, government data showed on Wednesday.

The deficit was 93.9 percent during the same period a year ago.

Net tax receipts were at 4.13 trillion rupees ($65.35 billion) in the first eight months of the current fiscal year that ends in March 2015.

($1 = 63.1950 Indian rupees)

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

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First Published: Dec 31 2014 | 3:58 PM IST

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