Economy, Banking and Finance · 1 September 2026

Press Information Bureau (PIB) Announces Union Government Receipts Reach ₹13.06 Lakh Crore by July 2026

Exam-focused facts from the 1 September 2026 current affairs briefing.

Key facts

  • The Press Information Bureau (PIB) released the Monthly Review of Accounts of the Union Government of India up to July 2026 for FY 2026-27.
  • Total receipts of the Union Government stood at ₹13,06,709 crore, forming 35.8% of the corresponding BE 2026-27.
  • Tax revenue net to the Centre was ₹8,44,560 crore.
  • Non-tax revenue was ₹4,23,013 crore.
  • Non-debt capital receipts were ₹39,136 crore.
  • Devolution to states was ₹3,72,354 crore, which was ₹56,190 crore lower than in the previous year.
  • Total expenditure was ₹17,61,853 crore, forming 32.9% of the corresponding BE 2026-27.
  • Revenue expenditure was ₹13,11,218 crore.
  • Capital expenditure was ₹4,50,635 crore.
  • Interest payments stood at ₹4,26,566 crore.
  • Major subsidies stood at ₹1,53,513 crore.