Slimmer fiscal deficit on robust tax receipt

The unexpected buoyancy in tax revenues , particularly tax on personal income and Customs duty, may help the government compress the fiscal deficit a lot more than anticipated. But that is provided the Centre does not develop an urge to turn profligate in the fourth quarter of the year. 

prof·li·gate

adj.

1. Given over to dissipation; dissolute.

2. Recklessly wasteful; wildly extravagant.

n.

A profligate person; a wastrel.