The monthly account of the Government of India upto the month of February, 2025 (FY2024-25) has been consolidated and reports published. The highlights are given below: -

The Government of India has received ₹25,46,317 crore (80.9% of corresponding RE 2024-25 of Total Receipts upto February, 2025 comprising ₹20,15,634 crore Tax Revenue (Net to Centre), ₹4,93,319 crore of Non-Tax Revenue and ₹37,364 crore of Non-Debt Capital Receipts. ₹11,80,532 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹1,47,099 crore higher than the previous year.  

Total Expenditure incurred by Government of India is ₹38,93,169 crore (82.5% of corresponding RE 2024-25), out of which ₹30,81,282 crore is on Revenue Account and ₹8,11,887 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹9,52,844 crore is on account of Interest Payments and ₹3,63,005 crore is on account of Major Subsidies. 

Government receipts and devolution: consolidated through February show fiscal receipts versus estimates and increased transfers to states. Consolidated accounts up to February 2025 show total receipts at 80.9% of the revised estimate, led by Tax Revenue (Net to Centre), with Non Tax Revenue and Non Debt Capital Receipts also contributing; transfers to states as Devolution of Share of Taxes exceed the prior year. Total expenditure is 82.5% of the revised estimate, split between Revenue and Capital Accounts, with interest payments and major subsidies comprising substantial portions of Revenue Expenditure.