The Accounts of the Government of India for the Financial Year 2024-25 (Provisional/Unaudited) has been consolidated and reports published. The highlights are given below: -

The Government of India has received ₹30,78,247 crore (97.8% of corresponding RE 2024-25 of Total Receipts) during 2024-25 comprising ₹24,98,885 crore Tax Revenue (Net to Centre), ₹5,37,544 crore of Non-Tax Revenue and ₹41,818 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (₹24,616 crore) and Miscellaneous Capital Receipts (₹17,202 crore). ₹12,86,885 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹1,57,391 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹46,55,517 crore (98.7% of corresponding RE 2024-25), out of which ₹36,03,510 crore is on Revenue Account and ₹10,52,007 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹11,16,343 crore is on account of Interest Payments and ₹3,88,036 crore is on account of Major Subsidies. 

Fiscal receipts composition dominated by tax revenue, with significant devolution to states and major revenue expenditure pressures. Provisional consolidated accounts show receipts driven mainly by Tax Revenue, supported by Non Tax Revenue and Non Debt Capital Receipts, with substantial allocations to states via Devolution of Share of Taxes. Expenditure is split into Revenue Expenditure-including significant Interest Payments and subsidies-and Capital Expenditure, with overall receipts and outlays close to revised estimates.