According to the documents of the Union Budget 2025-26, the maximum of 66 paise in the government treasury will come from direct and indirect taxes. The budget documents presented in Parliament on Saturday stated that about 24 paise will come from borrowings and other liabilities, nine paise disinvestment will come from non-tax revenue and a penny will come from non-lending capital receipts.
According to this, direct taxes including corporate and personal income tax will contribute about 39 paise, while 22 paise from income tax and 17 paise from corporate tax. Among indirect taxes, the Goods and Services Tax (GST) will contribute a maximum of 18 paise to the revenue of each rupee.
Apart from this, the government is expecting five paise out of each rupee from excise duty and four paise from customs duty.
According to the Union Budget 2025-26 presented in Parliament on Saturday by Finance Minister Nirmala Sitharaman, the collection from “borrowings and other liabilities” will be 24 paise per rupee.
A partial details of every rupee have been given in the budget document.
On the expenditure side, the outlay was 20 paise and 22 paise on each rupee respectively for the share of interest payments and the share of the states in taxes and charges. The allocation for defense was eight paise per rupee.
The expenditure on central sector schemes will be 16 paise out of each rupee, while the allocation for centrally sponsored schemes is eight paise. The expenditure on the Finance Commission and other transfer has been fixed at eight paise. Six paise and four paise will be spent on subsidy and pension respectively.
The government will spend eight paise out of each rupee on ‘other expenditure’.
Where did the rupee come from –
Borrowing and other liabilities-24 paise
Income tax -22 paise
Goods and Services and other taxes-18 paise
Company tax- 17 paise
Non-tax receipt- nine paise
Excise -Five Money
Customs
Non-debt capital receiving- a penny
Where did the rupee go-
States share in taxes and charges -22 paisa
Interest payment-20 paise
Central schemes (apart from registered expenditure, defense and expenditure on large subsidies) -16 paise
Central Planted Schemes-Shattered Paisa
Other expenditure-eight money
Finance Commission and other transfer -Eighth money
Defense-eight money
Subsidy-six paise
Pension-four money