UPDATE 1-India likely to let budget deficit rise as tax receipts fall short <div>* Govt may expand deficit target up to as much as 3.6% of GDP - sources<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=IlMcSns9frk:ghW6D4MxQqU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=IlMcSns9frk:ghW6D4MxQqU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=IlMcSns9frk:ghW6D4MxQqU:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=IlMcSns9frk:ghW6D4MxQqU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=IlMcSns9frk:ghW6D4MxQqU:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/IlMcSns9frk" height="1" width="1" alt=""></div> Posted by Reuters