The Union government has published a financial summary for the period spanning April to July of the 2025-26 fiscal year. During these months, a total of Rs 4,28,544 crore in tax revenue was allocated to the states, marking an increase of Rs 61,914 crore compared to the same period in the prior year.
The report details that the Centre collected Rs 10,95,209 crore in total revenue, representing 31.3% of the projected budget estimate. This figure comprises Rs 6,61,812 crore in net tax revenue, Rs 4,03,608 crore in non-tax revenue, and Rs 29,789 crore in non-debt capital receipts.
Total expenditure by the Centre for the quarter amounted to Rs 15,63,625 crore, equivalent to 30.9% of the budget estimate. This spending was divided into Rs 12,16,699 crore for revenue expenditure and Rs 3,46,926 crore for capital expenditure. Key components of revenue expenditure included Rs 4,46,690 crore for interest payments and Rs 1,13,592 crore for major subsidies. Government data indicates that fiscal operations are proceeding as planned, with timely resource allocation to the states.
