Page 22 - NIS English 16-28 Feb, 2026

COVER STORY BUDGET
UNION

2026-27

From Where money comes in Where the money is spent

18% 24% 22% 7%

Corporate Borrowings and Share of Other Expenditure
Tax Other Liabilities Taxes to States 2%
21% 2% 7% Civil

Income Non-Debt Finance Pensions
Tax Capital Commission 17%
and Other
Receipts Transfers
4% 10% Central
Sector
Customs Non-Tax 8% Schemes
Duty Revenue Centrally
Sponsored 6%
6% 15% Schemes 20% Major
Subsidies
Central GST and 11%
Excise Duty Other Taxes Interest
Payments Defence

Budget Estimates Budget of Major Ministries
2026-2027

53.5 1,06,530.42 1,39,289.48 1,40,528.78

Ministry of
Ministry of
Ministry of
lakh crore rupees 8,84,678.28 Health & Family Education Agriculture and
Welfare
has been allocated as Farmers Welfare
the Budget Estimate Defence

36.5 lakh crore 85,522.39
rupees in non-debt 2,81,377.32 Ministry
receipts. Ministry of of Urban
Railways Development
28.7 lakh crore
rupees estimated net
tax receipts of the
Central Government. 3,09,875.30
Ministry of 1,97,023.14
Road Transport
17.2 lakh crore and Highways Ministry of Rural
rupees estimated Development
gross market
borrowings. 94,807.84

4.3% of GDP is Ministry of 2,55,233.53
estimated as the Jal Shakti Ministry of
fiscal deficit Home Affairs
*Figures in Crores of Rupees