Govt collects ₹19 lakh cr tax revenue in Nov;  ₹9.37 lakh cr transferred to States

Ziraat Times News Desk

New Delhi, Dec 31: The Government of India on Tuesday released the consolidated Monthly Accounts up to November 2025 for the financial year 2025–26, showing that total receipts stood at ₹19.49 lakh crore, or 55.7 per cent of the Budget Estimates (BE) for the year, according to data published by the Ministry of Finance.

The receipts include ₹13.94 lakh crore as net tax revenue, ₹5.16 lakh crore as non-tax revenue, and ₹38,927 crore as non-debt capital receipts during the April–November period.

During the same period, the Centre transferred ₹9.37 lakh crore to State governments as their share of taxes, which is ₹1.24 lakh crore higher than the corresponding period of the previous year, reflecting improved fiscal transfers to states.

Total expenditure incurred by the Government of India up to November 2025 stood at ₹29.26 lakh crore, accounting for 57.8 per cent of the Budget Estimates for 2025–26.

Of this:

• Revenue expenditure: ₹22.68 lakh crore

• Capital expenditure: ₹6.58 lakh crore

Out of the total revenue expenditure, a significant portion was spent on committed liabilities:

• Interest payments: ₹7.46 lakh crore

• Major subsidies: ₹2.88 lakh crore

These expenditures include support towards food, fertiliser and other key subsidy components, as well as servicing of government debt.

The monthly accounts provide an overview of the government’s fiscal position and progress in resource mobilisation and spending during the first eight months of FY 2025–26. The data indicates steady revenue mobilisation alongside continued emphasis on capital expenditure and timely transfer of funds to states.

The figures were released as part of the regular monthly disclosure of accounts by the Controller General of Accounts, Ministry of Finance.