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Centre's Q1 Receipts Reach 28.7% of FY27 Target

Centre's Q1 Receipts Reach 28.7% of FY27 Target
Centre’s Q1 net receipts reach Rs 10.49-L-cr, 28.7% of FY27 target · thehansindia.com

Every year, the government makes a plan for how much money it expects to receive and spend, called a budget.

This news is about the first three months of India's financial year, up to June 2026.

During that time, the government received about Rs 10.49 lakh crore.

That is about 28.7 percent of its target for the whole year.

The government also spent about Rs 13.57 lakh crore in the same period.

It spent much more on big public projects like highways, railways and ports than it did last year.

It also shared some tax money with state governments, though this amount was lower than last year.

Some of the money goes to pay interest on loans, and some pays for subsidies on items like cooking gas and fertilisers.

The numbers show the government is trying to keep its finances on a steady and disciplined path.

Key facts

Total receipts (Q1 FY27)
Rs 10,49,243 crore (28.7% of FY27 budget estimate)
Year-on-year growth in receipts
11.5%
Total expenditure (Q1 FY27)
Rs 13,57,076 crore (25.4% of FY27 budget estimate)
Tax revenue (Net to Centre)
Rs 6,36,576 crore
Non-tax revenue
Rs 3,77,664 crore
Capital expenditure
Rs 3,40,258 crore (up 23.7%)
Tax devolution to states
Rs 2,63,336 crore (Rs 63,605 crore lower than previous year)
Interest payments and major subsidies
Rs 3,46,414 crore (interest); Rs 1,14,812 crore (subsidies on LPG, petroleum and fertilisers)

Sources

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