**Summary:**
This document summarizes the Government of India's financial accounts for the period ending May 2025, within the fiscal year 2025-26. Total receipts amounted to ₹7,32,963 crore, representing 21.0% of the Budget Estimate (BE) for 2025-26. This comprised ₹3,50,862 crore in net tax revenue to the Centre, ₹3,56,877 crore in non-tax revenue, and ₹25,224 crore in non-debt capital receipts. The Government of India transferred ₹1,63,471 crore to State Governments as devolution of share of taxes, which is ₹23,720 crore higher than the previous year. Total expenditure incurred was ₹7,46,126 crore, or 14.7% of the corresponding BE 2025-26, with ₹5,24,772 crore on revenue account and ₹2,21,354 crore on capital account. Within the total revenue expenditure, ₹1,47,788 crore was allocated to interest payments and ₹51,253 crore to major subsidies. This report was released by PIB Delhi on June 30, 2025, at 4:22 PM.
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for financial matters.
Government of India: The central government of India.
May 2025: The month and year to which the reported accounts pertain.
FY 202526: The financial year to which the accounts belong.
Tax Revenue Net to Centre: The net tax revenue received by the central government.
State Governments: The governments of the individual states within India.
NonDebt Capital Receipts: Capital receipts that do not create a debt for the government.
Delhi: National Capital Territory of Delhi
Ministry of Finance
Monthly review of accounts of Government of India
upto May 2025 (FY 2025-26)
Posted On: 30 JUN 2025 4:22PM by PIB Delhi
The monthly accounts of the Government of India upto the month of May, 2025 has been consolidated and
reports published. The highlights are given below: -
The Government of India has received 7,32,963 crore (21.0% of corresponding BE 2025-26 of Total
Receipts) upto May, 2025 comprising 3,50,862 crore Tax Revenue (Net to Centre), 3,56,877 crore
of Non-Tax Revenue and 25,224 crore of Non-Debt Capital Receipts. 1,63,471 crore has been
transferred to State Governments as Devolution of Share of Taxes by Government of India this
period which is 23,720 crore higher than the previous year.
Total Expenditure incurred by Government of India is 7,46,126 crore (14.7% of corresponding BE
2025-26), out of which 5,24,772 crore is on Revenue Account and 2,21,354 crore is on Capital
Account. Out of the Total Revenue Expenditure, 1,47,788 crore is on account of Interest Payments
and 51,253 crore is on account of Major Subsidies.
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NB/KMN
(Release ID: 2140807)