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Finance Editorial

Centre Receipts Reach โ‚น18.35 Lakh Crore in H1 FY27; Government Spending Stands at โ‚น25.49 Lakh Crore

Government of India receives โ‚น18.35 lakh crore in April-September FY27, achieving 50.3% of budget estimates. Expenditure reaches โ‚น25.49 lakh crore.

Centre Receipts Reach โ‚น18.35 Lakh Crore in H1 FY27; Government Spending Stands at โ‚น25.49 Lakh Crore
Abhishek Sharma
Founder & Editor-in-Chief
Published: 3 min read
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Government Receipts Reach โ‚น18.35 Lakh Crore in April-September FY27

The Government of India received โ‚น18,35,422 crore in total receipts during April-September 2026, equivalent to 50.3% of the Budget Estimates for FY 2026-27, according to the monthly accounts released by the Controller General of Accounts and published by the Ministry of Finance.

The receipts comprised โ‚น12,76,088 crore in tax revenue (net to the Centre), โ‚น4,80,732 crore in non-tax revenue and โ‚น78,602 crore in non-debt capital receipts.

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Tax revenue remained the largest contributor, accounting for approximately 70% of total receipts. Non-tax revenue contributed around 26%, while non-debt capital receipts accounted for approximately 4%.

The government transferred โ‚น6,99,409 crore to state governments as their share of taxes during the first six months of FY27. This amount was โ‚น67,658 crore higher than the corresponding period of the previous financial year, highlighting the increase in tax devolution to states.

Government Expenditure Reaches โ‚น25.49 Lakh Crore; Interest Payments at โ‚น6.46 Lakh Crore

The Centre’s total expenditure stood at โ‚น25,49,835 crore during April-September 2026, representing 47.7% of the corresponding full-year Budget Estimates for FY27.

Of the total expenditure, โ‚น18,95,288 crore was incurred on the revenue account, while โ‚น6,54,547 crore was spent on the capital account. Revenue expenditure accounted for approximately 74% of total spending, with capital expenditure contributing the remaining 26%.

Interest payments amounted to โ‚น6,46,010 crore, while major subsidies accounted for โ‚น2,22,905 crore during the period. Interest payments therefore represented a significant portion of the government’s revenue expenditure, reflecting the cost of servicing outstanding public debt.

The latest figures show that government receipts reached 50.3% of the annual budget target, while expenditure stood at 47.7% of the full-year estimate. The data provides an overview of the Centre’s revenue mobilisation, transfers to states and spending progress during the first half of FY27.

How much revenue did the Government of India receive during April-September FY27?

The government received โ‚น18,35,422 crore in total receipts during the first six months of FY 2026-27, representing 50.3% of the annual Budget Estimates.

How much was the Centre’s net tax revenue?

Net tax revenue to the Centre stood at โ‚น12,76,088 crore during April-September 2026.

How much non-tax revenue did the government receive?

The government received โ‚น4,80,732 crore in non-tax revenue during the period.

How much tax devolution was transferred to states?

The Centre transferred โ‚น6,99,409 crore to state governments, which was โ‚น67,658 crore higher than the corresponding period of the previous year.

What was the government’s total expenditure in the first half of FY27?

Total expenditure stood at โ‚น25,49,835 crore, equivalent to 47.7% of the annual Budget Estimates.

How much did the government spend on capital expenditure?

Capital expenditure amounted to โ‚น6,54,547 crore during April-September 2026.

How much were the government’s interest payments?

Interest payments stood at โ‚น6,46,010 crore during the first six months of FY27.

How much did the government spend on subsidies?

Major subsidies accounted for โ‚น2,22,905 crore during the period.

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Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

Iโ€™m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire.I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world.I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas.As an investor, Iโ€™m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential.I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities.Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on November 1, 2026

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