NewKerala.com

Key Points

The Indian government's revenue collection reached Rs 25.46 lakh crore by February 2025. Total expenditure stood at Rs 38.93 lakh crore during the same period. States received Rs 11.80 lakh crore in tax devolution, significantly higher than the previous year. Interest payments and subsidies accounted for major portions of the revenue expenditure.

Key Points: India Govt Revenue Hits Rs 25.46 Lakh Crore Till Feb FY25

  • Tax revenue at Rs 20.15 lakh crore
  • Rs 38.93 lakh crore total expenditure
  • Rs 9.52 lakh crore interest payments
  • Rs 3.63 lakh crore subsidies
1 min read

Govt of India nets Rs 25.46 lakh crore, spends Rs 38.93 lakh crore in FY24-25 up to Feb: Reports

India's fiscal data shows Rs 25.46 lakh crore revenue and Rs 38.93 lakh crore expenditure till February 2025, with higher state devolution.

"Rs 11,80,532 crore transferred to states as tax devolution, Rs 1,47,099 crore higher than last year – Govt release"

New Delhi, March 28

The Government of India's monthly account up to February 2025 (FY2024 -25) has been consolidated, and reports have been published, according to the release.

The Government of India has received Rs 25,46,317 crore (80.9% of corresponding RE 2024-25 of Total Receipts upto February 2025, comprising Rs 20,15,634 crore of Tax Revenue (Net to Centre), Rs 4,93,319 crore of Non-Tax Revenue and Rs 37,364 crore of Non-Debt Capital Receipts, as stated in the release.

The release also mentioned that Rs11,80,532 crore has been transferred to State Governments as Devolution of Share of Taxes by the Government of India upto this period, which is Rs1,47,099 crore higher than the previous year.

The Total Expenditure incurred by the Government of India is Rs 38,93,169 crore (82.5% of corresponding RE 2024-25), out of which Rs 30,81,282 crore is on the Revenue Account and Rs 8,11,887 crore is on the Capital Account.

Out of the Total Revenue Expenditure, Rs 9,52,844 crore is on account of Interest Payments, and Rs 3,63,005 crore is on account of Major Subsidies.

- ANI

Share this article:

Reader Comments

R
Rajesh K.
These numbers are mind-boggling! ₹38 lakh crore expenditure shows how much work the government is doing. Infrastructure projects are visible everywhere these days. 👍
P
Priya M.
Interesting to see ₹1.47 lakh crore more in state devolution compared to last year. Hope states use this money wisely for local development projects.
A
Amit S.
The gap between revenue and expenditure is concerning though. ₹25L cr vs ₹38L cr means more borrowing. How will this affect inflation? 🤔
S
Sunita R.
₹9.5 lakh crore just on interest payments! That's a huge chunk of our taxes going to service debt rather than new development. Need fiscal discipline.
V
Vikram J.
The increased spending on capital account (₹8.11L cr) is good news! Shows focus on long-term assets rather than just revenue expenditure. More roads, railways please!
N
Neha P.
While the numbers look impressive, I wish there was more transparency in how exactly this money is being spent. Breakup at district level would be helpful.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50