The provisional and unaudited accounts for the Government of India's Financial Year 2024-25 have been released. Total receipts amounted to ₹30,78,247 crore, with tax revenue forming the largest portion. The government's total expenditure reached ₹46,55,517 crore, covering both revenue and capital accounts, with significant allocations for interest payments and major subsidies.
The Accounts of the Government of India for the Financial Year 2024-25 (Provisional/Unaudited) has been consolidated and reports published. The highlights are given below: -
The Government of India has received ₹30,78,247 crore (97.8% of corresponding RE 2024-25 of Total Receipts) during 2024-25
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FAQ :
The Government of India received ₹30,78,247 crore in total receipts during FY 2024-25.
Receipts comprised ₹24,98,885 crore from Tax Revenue (Net to Centre), ₹5,37,544 crore from Non-Tax Revenue, and ₹41,818 crore from Non-Debt Capital Receipts.
₹12,86,885 crore was transferred to State Governments as their share of taxes, which is ₹1,57,391 crore more than the previous year.
The total expenditure incurred by the Government of India was ₹46,55,517 crore.
Expenditure was divided into ₹36,03,510 crore on Revenue Account and ₹10,52,007 crore on Capital Account. Key revenue expenditures included ₹11,16,343 crore for Interest Payments and ₹3,88,036 crore for Major Subsidies.