What are the various formulae to calculate fiscal deficit? (2024)

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The following are the formulae for calculating fiscal deficit:
  1. Fiscal deficit = Total expenditure - Total receipts (excluding borrowings).
  2. Fiscal deficit = (Revenue expenditure + Capital expenditure) - (Revenue receipts + Capital receipts excluding borrowings).
  3. Fiscal deficit = (Revenue expenditure - Revenue receipts) + (Capital expenditure - Capital receipts excluding borrowings).
  4. Fiscal deficit = Revenue deficit + (Capital expenditure - Capital receipts excluding borrowings).
  5. Fiscal deficit = Borrowings.

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What are the various formulae to calculate fiscal deficit? (2024)
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