The Union Government incurred total expenditure of INR 20.78 lakh crore during April-August 2026, equivalent to 38.9% of the FY2026-27 Budget Estimate, while total receipts stood at INR 13.68 lakh crore.
New Delhi — The Union Government incurred total expenditure of INR 20,77,958 crore during the first five months of FY2026-27, according to the Monthly Accounts for April-August 2026.
The expenditure represented 38.9% of the corresponding Budget Estimate for the financial year.
Of the total spending, INR 15,68,009 crore was incurred under the revenue account, while capital expenditure stood at INR 5,09,949 crore.
Interest payments accounted for INR 5,14,810 crore of revenue expenditure during the period, while expenditure on major subsidies stood at INR 1,87,037 crore.
The government’s total receipts during April-August 2026 amounted to INR 13,67,709 crore, equivalent to 37.5% of the corresponding FY2026-27 Budget Estimate.
Net tax revenue to the Centre stood at INR 8,37,921 crore, while non-tax revenue was INR 4,54,549 crore. Non-debt capital receipts contributed another INR 75,239 crore.
During the period, the Union Government transferred INR 5,90,391 crore to State Governments as their share of tax devolution.
The amount transferred to States was INR 60,243 crore lower than the devolution recorded during the corresponding period of the previous year.
The August 2026 accounts provide an early indication of the Centre’s revenue mobilisation and expenditure position during FY2026-27. Capital expenditure accounted for nearly one-fourth of total government spending during the first five months of the financial year.
