What India’s central government collects and spends
Monthly accounts run cumulatively through the financial year, so every comparison here is against the same point a year earlier.
Accounts through June 2026
Capital expenditure reached ₹3.4 trillion ($35.7 billion) through June
27.8% of the full-year budget, +3.3 points against the same stage a year earlier.
Central government accounts, 2026-27
Item
Actual
Budget estimate
Used
Same point last year
Revenue Receipts
₹10.14 trillion$106 billion
₹35.33 trillion$370 billion
28.7%
26.7%
Tax Revenue (Net)
₹6.37 trillion$66.7 billion
₹28.67 trillion$300 billion
22.2%
19.0%
Non-Tax Revenue
₹3.78 trillion$39.6 billion
₹6.66 trillion$69.8 billion
56.7%
64.0%
Revenue Expenditure
₹10.17 trillion$107 billion
₹41.25 trillion$432 billion
24.6%
24.0%
Capital Expenditure
₹3.4 trillion$35.7 billion
₹12.22 trillion$128 billion
27.8%
24.5%
Total Expenditure
₹13.57 trillion$142 billion
₹53.47 trillion$560 billion
25.4%
24.1%
Fiscal Deficit
₹3.08 trillion$32.3 billion
₹16.96 trillion$178 billion
18.2%
17.9%
data.indiadispatch.com
Data source: Controller General of Accounts. Values are cumulative rupee amounts through the stated month. Percentages compare actuals with each year’s full-year budget estimate.
Net GST revenue was ₹1.67 trillion ($17.5 billion) in May 2026
Gross revenue was ₹1.94 trillion ($20.3 billion) before ₹272.81 billion ($2.86 billion) of refunds.
Gross GST revenue₹1.94 trillion$20.3 billion
2026-05
data.indiadispatch.com
Net GST revenue₹1.67 trillion$17.5 billion
2026-05
data.indiadispatch.com
Data source: Goods and Services Tax Network gross and net collection workbook. Gross revenue includes domestic GST and import IGST. Net revenue deducts domestic and export refunds reported in the same GSTN workbook.
Capital spending has quadrupled since 2017-18
Completed-year capital expenditure rose from ₹2.64 trillion ($27.6 billion) to ₹10.69 trillion ($112 billion).
Capital expenditure₹10.69 trillion$112 billion
2025-26
data.indiadispatch.com
Data source: Controller General of Accounts March accounts. Each observation is the reported full financial year. Values are nominal.
Quick answers
Questions this page answers
How does the newest official release describe central government spending?
The newest verified data show that total central government expenditure reached 25.4% of the annual budget through June 2026.
How does the newest official release describe capital expenditure?
The newest verified data show that capital expenditure reached 27.8% of the annual budget through June 2026.
How does the newest official release describe the public-finance release clock?
The newest verified data show that the latest Controller General of Accounts release on this page covers the period through June 2026.