Difference between budget deficit and fiscal deficit?

The main difference between the fiscal and budget deficit is of time period in consideration Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e.

Fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. The net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).

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