Union Budget 2025-26

Revised Estimate Revised Estimates, published in Budget 2026-27. Actual figures follow a year later.

Total spending
₹49.65 lakh crore
+5.3% on 2024-25 (RE)
Raised without borrowing
₹34.06 lakh crore
Taxes, other revenue, asset sales
Borrowing (fiscal deficit)
₹15.58 lakh crore
4.4% of GDP
Interest payments
₹12.74 lakh crore
38 paise of every rupee of revenue
Capital spending
₹10.96 lakh crore
22% of all spending

Where each rupee comes from

Out of every ₹1 the Centre raises, before handing states their share of taxes.

  1. Borrowing (fiscal deficit)24 paise₹15.58 lakh crore
  2. Income tax21 paise₹13.12 lakh crore
  3. Corporation tax17 paise₹11.09 lakh crore
  4. GST16 paise₹10.46 lakh crore
  5. Non-tax revenue (dividends, interest, fees)10 paise₹6.68 lakh crore
  6. Excise duties5 paise₹3.37 lakh crore
  7. Customs4 paise₹2.58 lakh crore
  8. Loan recoveries and disinvestment1 paisa₹64,027 crore
  9. Other taxesunder 1 paisa₹15,452 crore

Source: Budget at a Glance; Receipts, Budget 2026-27 (Revised Estimates for 2025-26). Official PDF · How it's checked

Where each rupee goes

States' share of taxes, interest, and spending by ministry.

  1. States' share of central taxes22 paise₹13.93 lakh crore
  2. Interest on government debt20 paise₹12.74 lakh crore
  3. Ministry of Defence12 paise₹7.33 lakh crore
  4. Ministry of Railways4 paise₹2.55 lakh crore
  5. Ministry of Home Affairs4 paise₹2.41 lakh crore
  6. Ministry of Chemicals and Fertilizers3 paise₹1.91 lakh crore
  7. Ministry of Rural Development3 paise₹1.89 lakh crore
  8. All other ministries (47)12 paise₹7.58 lakh crore

Source: Receipts; Statement of ministries' expenditure, Budget 2026-27 (Revised Estimates for 2025-26). Official PDF · How it's checked

Announced vs revised

How far the revised estimate for 2025-26 landed from the Budget Estimate announced in Budget 2025-26. Blue means more than budgeted, red means less.

Largest schemes

Centrally Sponsored and Central Sector schemes, revised estimates for 2025-26.

  1. Department of Food and Public Distribution

  2. Ministry of Road Transport and Highways

  3. Urea Subsidy₹1.26 lakh crore

    Department of Fertilisers

  4. Road Works₹1.16 lakh crore

    Ministry of Road Transport and Highways

  5. Department of Rural Development

  6. Capital Outlay on Defence Services

  7. Department of Agriculture, Cooperation and Farmers' Welfare

  8. Nutrient Based Subsidy₹60,000 crore

    Department of Fertilisers

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