Ministry of Finance

organization
MoFFinance MinistryMinistry of Finance, GoI

Nodal ministry of Government of India responsible for taxation, fiscal policy, financial sector regulation, and Union Budget preparation.

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₹52 lakh crore

Annual Budget Outlay

4.5% of GDP

Fiscal Deficit

11.2%

Tax-to- G D P Ratio

58%

Debt-to- G D P Ratio

105

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Timeline

Timeline

1947
1954
1961
1968
1975
1982
1988
1995
2002
2009
2016

Data & Statistics

₹52 lakh crore

Annual Budget Outlay

4.5% of GDP

Fiscal Deficit

11.2%

Tax-to- G D P Ratio

58%

Debt-to- G D P Ratio

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