Page 1
B U D G E T A T A G L A N C E
2 0 2 5 - 2 0 2 6
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/
-
-
-
-
-
-
Budget at a Glance presents broad
aggregates of the Budget for easy understanding.
This document shows receipts and expenditure as
well as the Fiscal Deficit (FD), Revenue Deficit
(RD), Effective Revenue Deficit (ERD) and the
Primary Deficit (PD) of the Government of India. It
gives an illustrative account of sources of receipts
and expenditure through graphs and info-graphics.
In addition, the document contains details of
resources transferred to the States and UTs with
Legislature, extracts of allocations for programme
and schemes, sources of deficit financing, etc.
2. Fiscal Deficit (FD) is the difference between
total expenditure and total receipts (excluding Debt
Capital Receipts). FD is reflective of the total
borrowing requirement of Government. Revenue
Deficit refers to the excess of revenue expenditure
over revenue receipts. Effective Revenue Deficit is
the difference between Revenue Deficit and Grants-
in-Aid for Creation of Capital Assets. Primary
Deficit is measured as Fiscal Deficit less interest
payments. Effective Capital Expenditure (Eff-
Capex) refers to the sum of Capital Expenditure and
Grants-in-Aid for Creation of Capital Assets.
3. The receipts and expenditure depicted in this
document are net of receipts and recoveries as
explained in the reconciliation statements provided
in the Receipt Budget (Annex-3) and Expenditure
Profile Document (Statement No. 17).
4. In Revised Estimates (RE) 2024-25, the total
Against this, total expenditure in the Actuals for FY
2023-
2024-
FY 2023-24.
Page 2
B U D G E T A T A G L A N C E
2 0 2 5 - 2 0 2 6
-
-
/
-
-
-
-
-
-
Budget at a Glance presents broad
aggregates of the Budget for easy understanding.
This document shows receipts and expenditure as
well as the Fiscal Deficit (FD), Revenue Deficit
(RD), Effective Revenue Deficit (ERD) and the
Primary Deficit (PD) of the Government of India. It
gives an illustrative account of sources of receipts
and expenditure through graphs and info-graphics.
In addition, the document contains details of
resources transferred to the States and UTs with
Legislature, extracts of allocations for programme
and schemes, sources of deficit financing, etc.
2. Fiscal Deficit (FD) is the difference between
total expenditure and total receipts (excluding Debt
Capital Receipts). FD is reflective of the total
borrowing requirement of Government. Revenue
Deficit refers to the excess of revenue expenditure
over revenue receipts. Effective Revenue Deficit is
the difference between Revenue Deficit and Grants-
in-Aid for Creation of Capital Assets. Primary
Deficit is measured as Fiscal Deficit less interest
payments. Effective Capital Expenditure (Eff-
Capex) refers to the sum of Capital Expenditure and
Grants-in-Aid for Creation of Capital Assets.
3. The receipts and expenditure depicted in this
document are net of receipts and recoveries as
explained in the reconciliation statements provided
in the Receipt Budget (Annex-3) and Expenditure
Profile Document (Statement No. 17).
4. In Revised Estimates (RE) 2024-25, the total
Against this, total expenditure in the Actuals for FY
2023-
2024-
FY 2023-24.
ii
-
-
-
5. The total expenditure in Budget Estimates
(BE) 2025-
crore.
6. Total resources being transferred to the
Grants/Loans and releases under Centrally
Sponsored Schemes, etc. in BE 2025-26 is
-24.
Page 3
B U D G E T A T A G L A N C E
2 0 2 5 - 2 0 2 6
-
-
/
-
-
-
-
-
-
Budget at a Glance presents broad
aggregates of the Budget for easy understanding.
This document shows receipts and expenditure as
well as the Fiscal Deficit (FD), Revenue Deficit
(RD), Effective Revenue Deficit (ERD) and the
Primary Deficit (PD) of the Government of India. It
gives an illustrative account of sources of receipts
and expenditure through graphs and info-graphics.
In addition, the document contains details of
resources transferred to the States and UTs with
Legislature, extracts of allocations for programme
and schemes, sources of deficit financing, etc.
2. Fiscal Deficit (FD) is the difference between
total expenditure and total receipts (excluding Debt
Capital Receipts). FD is reflective of the total
borrowing requirement of Government. Revenue
Deficit refers to the excess of revenue expenditure
over revenue receipts. Effective Revenue Deficit is
the difference between Revenue Deficit and Grants-
in-Aid for Creation of Capital Assets. Primary
Deficit is measured as Fiscal Deficit less interest
payments. Effective Capital Expenditure (Eff-
Capex) refers to the sum of Capital Expenditure and
Grants-in-Aid for Creation of Capital Assets.
3. The receipts and expenditure depicted in this
document are net of receipts and recoveries as
explained in the reconciliation statements provided
in the Receipt Budget (Annex-3) and Expenditure
Profile Document (Statement No. 17).
4. In Revised Estimates (RE) 2024-25, the total
Against this, total expenditure in the Actuals for FY
2023-
2024-
FY 2023-24.
ii
-
-
-
5. The total expenditure in Budget Estimates
(BE) 2025-
crore.
6. Total resources being transferred to the
Grants/Loans and releases under Centrally
Sponsored Schemes, etc. in BE 2025-26 is
-24.
1
Budget at a Glance
2023-2024
Actuals
2024-2025
Budget
Estimates
2024-2025
Revised
Estimates
2025-2026
Budget
Estimates
1. 1. Revenue Receipts 2729036 3129200 3087960 3420409
2.
2. Tax Revenue (Net to
Centre)
1
2327251 2583499 2556960 2837409
3. 3. Non-Tax Revenue 401785 545701 531000 583000
4. 4. Capital Receipts 1714411 1691312 1628527 1644936
5. 5. Recovery of Loans 26646 28000 26000 29000
6. 6. Other Receipts 33122 50000 33000 47000
7. 7. Borrowings and Other
Liabilities
2
1654643 1613312 1569527 1568936
8. 1+4) 8. Total Receipts (1+4) 4443447 4820512 4716487 5065345
9. 10+13) 9. Total Expenditure
(10+13)
4443447 4820512 4716487 5065345
10.
10. On Revenue
Account
3494252 3709401 3698058 3944255
of which
11. 11. Interest Payments 1063872 1162940 1137940 1276338
12.
12. Grants in Aid for
creation of Capital
Assets
303916 390778 299891 427192
13. 13. On Capital
Account
949195 1111111 1018429 1121090
14.
12+13)
14. Effective Capital
Expenditure (12+13)
1253111 1501889 1318320 1548282
15. (10-1) 15. Revenue Deficit 765216 580201 610098 523846
(10-1) (2.6) (1.8) (1.9) (1.5)
16.
(15-12)
16. Effective Revenue
Deficit (15-12)
461300
(1.6)
189423
(0.6)
310207
(1.0)
96654
(0.3)
17.
[9-(1+5+6)]
17. Fiscal Deficit
[9-(1+5+6)]
1654643
(5.6)
1613312
(4.9)
1569527
(4.8)
1568936
(4.4)
18. (17-11) 18. Primary Deficit 590771 450372 431587 292598
(17-11) (2.0) (1.4) (1.3) (0.8)
1
4- 5 `12764
:
(i) 202 -
4-
5
%
(ii) -
(iii)
1
RE 2024-
payable by Centre to the States for prior years.
2
Includes drawdown of Cash Balance.
Notes:
(i) The GDP for FY 2025-26 is estimated at ,923 crore,
which is 10.1% over the Revised Estimates for FY 2024-25 of
(ii) Individual items in this document may not sum up to the totals
due to rounding off.
(iii) Figures in parentheses are as a percentage of GDP.
Page 4
B U D G E T A T A G L A N C E
2 0 2 5 - 2 0 2 6
-
-
/
-
-
-
-
-
-
Budget at a Glance presents broad
aggregates of the Budget for easy understanding.
This document shows receipts and expenditure as
well as the Fiscal Deficit (FD), Revenue Deficit
(RD), Effective Revenue Deficit (ERD) and the
Primary Deficit (PD) of the Government of India. It
gives an illustrative account of sources of receipts
and expenditure through graphs and info-graphics.
In addition, the document contains details of
resources transferred to the States and UTs with
Legislature, extracts of allocations for programme
and schemes, sources of deficit financing, etc.
2. Fiscal Deficit (FD) is the difference between
total expenditure and total receipts (excluding Debt
Capital Receipts). FD is reflective of the total
borrowing requirement of Government. Revenue
Deficit refers to the excess of revenue expenditure
over revenue receipts. Effective Revenue Deficit is
the difference between Revenue Deficit and Grants-
in-Aid for Creation of Capital Assets. Primary
Deficit is measured as Fiscal Deficit less interest
payments. Effective Capital Expenditure (Eff-
Capex) refers to the sum of Capital Expenditure and
Grants-in-Aid for Creation of Capital Assets.
3. The receipts and expenditure depicted in this
document are net of receipts and recoveries as
explained in the reconciliation statements provided
in the Receipt Budget (Annex-3) and Expenditure
Profile Document (Statement No. 17).
4. In Revised Estimates (RE) 2024-25, the total
Against this, total expenditure in the Actuals for FY
2023-
2024-
FY 2023-24.
ii
-
-
-
5. The total expenditure in Budget Estimates
(BE) 2025-
crore.
6. Total resources being transferred to the
Grants/Loans and releases under Centrally
Sponsored Schemes, etc. in BE 2025-26 is
-24.
1
Budget at a Glance
2023-2024
Actuals
2024-2025
Budget
Estimates
2024-2025
Revised
Estimates
2025-2026
Budget
Estimates
1. 1. Revenue Receipts 2729036 3129200 3087960 3420409
2.
2. Tax Revenue (Net to
Centre)
1
2327251 2583499 2556960 2837409
3. 3. Non-Tax Revenue 401785 545701 531000 583000
4. 4. Capital Receipts 1714411 1691312 1628527 1644936
5. 5. Recovery of Loans 26646 28000 26000 29000
6. 6. Other Receipts 33122 50000 33000 47000
7. 7. Borrowings and Other
Liabilities
2
1654643 1613312 1569527 1568936
8. 1+4) 8. Total Receipts (1+4) 4443447 4820512 4716487 5065345
9. 10+13) 9. Total Expenditure
(10+13)
4443447 4820512 4716487 5065345
10.
10. On Revenue
Account
3494252 3709401 3698058 3944255
of which
11. 11. Interest Payments 1063872 1162940 1137940 1276338
12.
12. Grants in Aid for
creation of Capital
Assets
303916 390778 299891 427192
13. 13. On Capital
Account
949195 1111111 1018429 1121090
14.
12+13)
14. Effective Capital
Expenditure (12+13)
1253111 1501889 1318320 1548282
15. (10-1) 15. Revenue Deficit 765216 580201 610098 523846
(10-1) (2.6) (1.8) (1.9) (1.5)
16.
(15-12)
16. Effective Revenue
Deficit (15-12)
461300
(1.6)
189423
(0.6)
310207
(1.0)
96654
(0.3)
17.
[9-(1+5+6)]
17. Fiscal Deficit
[9-(1+5+6)]
1654643
(5.6)
1613312
(4.9)
1569527
(4.8)
1568936
(4.4)
18. (17-11) 18. Primary Deficit 590771 450372 431587 292598
(17-11) (2.0) (1.4) (1.3) (0.8)
1
4- 5 `12764
:
(i) 202 -
4-
5
%
(ii) -
(iii)
1
RE 2024-
payable by Centre to the States for prior years.
2
Includes drawdown of Cash Balance.
Notes:
(i) The GDP for FY 2025-26 is estimated at ,923 crore,
which is 10.1% over the Revised Estimates for FY 2024-25 of
(ii) Individual items in this document may not sum up to the totals
due to rounding off.
(iii) Figures in parentheses are as a percentage of GDP.
2
Rupee Comes From
( Budget 2025-26)
:-
*
Notes:- 1. Total receipts are inclusive of States' share of taxes and duties which have been netted in the table on page 1.
2. Figures have been rounded off.
* Income tax includes Securities Transaction Tax.
Corporation-tax, 17
Income Tax *, 22
Customs, 4
Union Excise
Duties, 5
Goods & Services
Tax & Other Taxes,
18
Non-tax receipts, 9
Non-debt Capital
receipts, 1
Borrowings &
Other liabilities, 24
Budget ( 4-25)
[ p.]
[ p.]
[ p.]
Budget ( 5-26)
[ p.]
[ p.]
17
19
4
5
18
9
1
27
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
Page 5
B U D G E T A T A G L A N C E
2 0 2 5 - 2 0 2 6
-
-
/
-
-
-
-
-
-
Budget at a Glance presents broad
aggregates of the Budget for easy understanding.
This document shows receipts and expenditure as
well as the Fiscal Deficit (FD), Revenue Deficit
(RD), Effective Revenue Deficit (ERD) and the
Primary Deficit (PD) of the Government of India. It
gives an illustrative account of sources of receipts
and expenditure through graphs and info-graphics.
In addition, the document contains details of
resources transferred to the States and UTs with
Legislature, extracts of allocations for programme
and schemes, sources of deficit financing, etc.
2. Fiscal Deficit (FD) is the difference between
total expenditure and total receipts (excluding Debt
Capital Receipts). FD is reflective of the total
borrowing requirement of Government. Revenue
Deficit refers to the excess of revenue expenditure
over revenue receipts. Effective Revenue Deficit is
the difference between Revenue Deficit and Grants-
in-Aid for Creation of Capital Assets. Primary
Deficit is measured as Fiscal Deficit less interest
payments. Effective Capital Expenditure (Eff-
Capex) refers to the sum of Capital Expenditure and
Grants-in-Aid for Creation of Capital Assets.
3. The receipts and expenditure depicted in this
document are net of receipts and recoveries as
explained in the reconciliation statements provided
in the Receipt Budget (Annex-3) and Expenditure
Profile Document (Statement No. 17).
4. In Revised Estimates (RE) 2024-25, the total
Against this, total expenditure in the Actuals for FY
2023-
2024-
FY 2023-24.
ii
-
-
-
5. The total expenditure in Budget Estimates
(BE) 2025-
crore.
6. Total resources being transferred to the
Grants/Loans and releases under Centrally
Sponsored Schemes, etc. in BE 2025-26 is
-24.
1
Budget at a Glance
2023-2024
Actuals
2024-2025
Budget
Estimates
2024-2025
Revised
Estimates
2025-2026
Budget
Estimates
1. 1. Revenue Receipts 2729036 3129200 3087960 3420409
2.
2. Tax Revenue (Net to
Centre)
1
2327251 2583499 2556960 2837409
3. 3. Non-Tax Revenue 401785 545701 531000 583000
4. 4. Capital Receipts 1714411 1691312 1628527 1644936
5. 5. Recovery of Loans 26646 28000 26000 29000
6. 6. Other Receipts 33122 50000 33000 47000
7. 7. Borrowings and Other
Liabilities
2
1654643 1613312 1569527 1568936
8. 1+4) 8. Total Receipts (1+4) 4443447 4820512 4716487 5065345
9. 10+13) 9. Total Expenditure
(10+13)
4443447 4820512 4716487 5065345
10.
10. On Revenue
Account
3494252 3709401 3698058 3944255
of which
11. 11. Interest Payments 1063872 1162940 1137940 1276338
12.
12. Grants in Aid for
creation of Capital
Assets
303916 390778 299891 427192
13. 13. On Capital
Account
949195 1111111 1018429 1121090
14.
12+13)
14. Effective Capital
Expenditure (12+13)
1253111 1501889 1318320 1548282
15. (10-1) 15. Revenue Deficit 765216 580201 610098 523846
(10-1) (2.6) (1.8) (1.9) (1.5)
16.
(15-12)
16. Effective Revenue
Deficit (15-12)
461300
(1.6)
189423
(0.6)
310207
(1.0)
96654
(0.3)
17.
[9-(1+5+6)]
17. Fiscal Deficit
[9-(1+5+6)]
1654643
(5.6)
1613312
(4.9)
1569527
(4.8)
1568936
(4.4)
18. (17-11) 18. Primary Deficit 590771 450372 431587 292598
(17-11) (2.0) (1.4) (1.3) (0.8)
1
4- 5 `12764
:
(i) 202 -
4-
5
%
(ii) -
(iii)
1
RE 2024-
payable by Centre to the States for prior years.
2
Includes drawdown of Cash Balance.
Notes:
(i) The GDP for FY 2025-26 is estimated at ,923 crore,
which is 10.1% over the Revised Estimates for FY 2024-25 of
(ii) Individual items in this document may not sum up to the totals
due to rounding off.
(iii) Figures in parentheses are as a percentage of GDP.
2
Rupee Comes From
( Budget 2025-26)
:-
*
Notes:- 1. Total receipts are inclusive of States' share of taxes and duties which have been netted in the table on page 1.
2. Figures have been rounded off.
* Income tax includes Securities Transaction Tax.
Corporation-tax, 17
Income Tax *, 22
Customs, 4
Union Excise
Duties, 5
Goods & Services
Tax & Other Taxes,
18
Non-tax receipts, 9
Non-debt Capital
receipts, 1
Borrowings &
Other liabilities, 24
Budget ( 4-25)
[ p.]
[ p.]
[ p.]
Budget ( 5-26)
[ p.]
[ p.]
17
19
4
5
18
9
1
27
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
3
Central Sector
Scheme (excluding
Capital Outlay on
Defence and Major
Subsidies), 16
Interest
Payments,
20
Defence, 8
Major Subsidies,
6
Finance
Commission &
Other transfers, 8
State Share of
Taxes & Duties,
22
Pensions, 4
Other
Expenditure, 8
Centrally
Sponsored
Scheme, 8
Rupee Goes To
( Budget 2025-26)
:-
Notes :- 1. Total expenditure is inclusive of States' share of taxes and duties which have been netted against receipts in the table on page 1.
2. Figures have been rounded off.
Budget ( 4-25)
16
19
8
6
9
21
4
9
8
Budget ( 5-26)
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
[ p.]
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