how to find fiscal deficit ?

Dear Student

• Fiscal deficit is defined as excess of total expenditure over total receipts excluding borrowings during a fiscal year.
• It is the extent to which expenditure overshoots the sum of revenue receipts and those capital receipts which do not add to the debt.
• FISCAL DEFICIT=TOTAL EXPENDITURE-TOTAL RECEIPTS EXCLUDING BORROWINGS

• FISCAL DEFICIT=TOTAL EXPENDITURE-(REVENUE RECEIPTS+NON-DEBT CAPITAL RECEIPTS)
• In other words, fiscal deficit is equal to the amount of borrowings of the government.

Hope this information clarifies your doubts. Keep posting :-)
Regards