The Monthly Accounts of the Union Government of India upto the month of July, 2026 has been consolidated and reports published. The highlights are given below: –
The Government of India has received ₹13,06,709 crore (35.8% of corresponding BE 2026-27 of Total Receipts) upto July, 2026 comprising ₹8,44,560 crore Tax Revenue (Net to Centre), ₹4,23,013 crore of Non-Tax Revenue and ₹39,136 crore of Non-Debt Capital Receipts. ₹3,72,354 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India during this period which is ₹56,190 crore lower than the previous year.
Total Expenditure incurred by Government of India is ₹17,61,853 crore (32.9% of corresponding BE 2026-27), out of which ₹13,11,218 crore is on Revenue Account and ₹4,50,635 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹4,26,566 crore is on account of Interest Payments and ₹1,53,513 crore is on account of Major Subsidies.
Radhika Goyal is Author of Taxconcept Gurugram head office, for deeply reported tax, gst and income tax articles on issues that matter. He splits her time between New Delhi and Bengaluru, and has worked as a reporter, a podcaster and an editor for publications across India.