India Total Receipts 2026-27
Total Receipts
35.33 lakh crore
The Government of India expects total receipts of Rs 35.33 lakh crore (excluding borrowings) in FY 2026-27. This includes revenue receipts from tax and non-tax sources, and capital receipts from disinvestment and asset monetisation.
FY 2026-27
35.33 lakh crore
FY 2025-26
32.95 lakh crore
What Are Total Receipts in the Union Budget?
Total receipts represent all income the central government expects to earn in a financial year, excluding borrowings. They are the sum of Revenue Receipts (tax and non-tax revenue) and non-debt Capital Receipts (disinvestment, loan recoveries). This is the primary measure of the government's earning capacity and determines how much needs to be borrowed to fund expenditure.
Tax Revenue vs Non-Tax Revenue
Tax Revenue includes income tax, corporate tax, GST (Central share), customs duty, and excise duty. After sharing with states as per the Finance Commission formula, the Centre retains the "net to Centre" amount. Non-Tax Revenue includes dividends from PSUs, interest on loans to states, fees, and fines. Tax revenue typically contributes over 80% of total revenue receipts.
How Are Receipts Used?
Total receipts fund all government expenditure. When receipts fall short of expenditure, the gap is the fiscal deficit, which is financed through market borrowings. Higher receipts reduce borrowing needs, leading to lower interest payments in future years. Increasing the tax-to-GDP ratio has been a key fiscal policy objective.
Related Budget Data
Source: Union Budget Documents, Ministry of Finance, Government of India. All figures in Indian Rupees. Data provided by GovtBudget.com.