Explore the latest developments concerning India's April-February fiscal.
Centre’s FY26 finances steady till Feb; capex strong, deficit under check
The central government’s fiscal deficit stood at ₹12.52 lakh crore at the end of February, or 80.4% of the full-year Budget Estimate for 2025–26, lower than 85.8% in the corresponding period last year, according to official data released on Monday.
The government has pegged the fiscal deficit for FY26 at ₹15.58 lakh crore, or 4.4% of GDP.
As per the monthly accounts, total receipts during April–February stood at ₹27.92 lakh crore, accounting for 82% of the revised estimates (RE) for FY26. This included ₹21.45 lakh crore in net tax revenue, ₹5.81 lakh crore in non-tax revenue, and ₹65,547 crore in non-debt capital receipts.
Transfers to states rose significantly to ₹12.66 lakh crore, up by ₹85,837 crore from a year ago.
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For more detailed information, explore updates concerning India's April-February fiscal.