Summary: Government of India Financial Accounts (FY 2025-2026)

The Ministry of Finance has published the provisional and unaudited accounts of the Government of India for the Financial Year 2025-2026. Below is a breakdown of the key financial highlights regarding government receipts, expenditures, and state transfers.

1. Revenue and Receipts

• Total Receipts: The government received a total of ₹33,85,982 crore during the 2025-2026 fiscal year.
• Tax Revenue: The net tax revenue that went to the Centre amounted to ₹26,23,264 crore.
• Non-Tax Revenue: Revenue collected from non-tax sources stood at ₹6,78,961 crore.
• Non-Debt Capital Receipts: These receipts totaled ₹83,757 crore. This category consists of the recovery of loans (₹24,617 crore) and miscellaneous capital receipts (₹59,140 crore).

2. Government Expenditure

• Total Expenditure: The overall expenditure incurred by the Government of India was ₹49,05,151 crore.
• Revenue vs. Capital Account: Out of the total spending, ₹38,36,032 crore was allocated to the Revenue Account, while ₹10,69,119 crore was spent on the Capital Account.
• Major Expenses: Within the total revenue expenditure, a significant portion went towards Interest Payments (₹12,42,575 crore) and Major Subsidies (₹4,53,854 crore).

3. Transfers to States

• Devolution of Taxes: The Central Government transferred ₹13,92,971 crore to State Governments as their designated share of taxes. This transfer amount is ₹1,06,086 crore higher than what was transferred in the previous year.

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