The main bars use the reconciled union government account for Apr 1, 2023 to Mar 31, 2024. Each bar is a share of its own revenue or expenditure total.
← All Countriesprovisional · Union government
Country budget brief · Period ending 2024
India
Apr 1, 2023 to Mar 31, 2024 · India Union Government accounts
Revenue₹27.89T
Expenditure₹44.43T
Deficit₹16.54T
Account sourceController General of Accounts, Government of IndiaUnion Government Accounts at a Glance: Provisional Accounts 2023-2024
Country report
Integrated fiscal view
How government raises and spends money
Money in
₹27.89TRevenue
Money out
₹44.43TExpenditure
Annual-account deficit₹16.54TUnion government · Apr 1, 2023 to Mar 31, 2024
Comparable deficit7.9%of GDP · General government · 2024
Gross debt84.8%of GDP · General government · 2024
How to read the chart
No harmonized OECD tax composition is currently available, so the chart does not infer a tax mix.
A complete period-ending-2024 general-government breakdown was not available through the common IMF GFS or Eurostat adapters.
Evidence layers
Government annual accountCore evidence layer
Account boundary: This layer covers union government for Apr 1, 2023 to Mar 31, 2024. It is independently sourced and is not used in the international ranking on the all-country page. Coverage exception: A complete period-ending-2024 general-government breakdown was not available through the common IMF GFS or Eurostat adapters.
Revenue by Source
3 categories · India Union Government accountsExpenditure Breakdown
2 categories · India Union Government accountsCoverage & methodology
Comparable account
- Reference year
- 2024
- Reporting convention
- April/March
- Institutional scope
- General government
- Included units
- Central Government, State Government
Government annual account
- Period
- Apr 1, 2023 to Mar 31, 2024
- Source reference
- 2023-2024
- Scope
- Union government
- Status
- provisional
- Unit
- billions of domestic currency
Sources by section:
Comparable account:
- International Monetary Fund · World Economic Outlook Database, April 2026
Government annual account:
- Controller General of Accounts, Government of India · Union Government Accounts at a Glance: Provisional Accounts 2023-2024
- Controller General of Accounts, Government of India · Union Government Finance Accounts 2023-2024
Assembly rule: The integrated chart uses the government annual account as its core. OECD tax composition and federal expenditure appear as visually embedded but separately labelled lenses; different periods and scopes are never added together.
Interpretation: Largest reported category means the largest item in the named source classification. It does not imply that categories from different classifications, periods, or institutional scopes are directly interchangeable.
Methodology: Annual-account records are final or provisional observations for one annual period ending in 2024. Published categories reconcile to their totals, and revenue minus expenditure reconciles to the displayed balance. National dataset generated 9/19/2026.
Country-specific limitation: A complete period-ending-2024 general-government breakdown was not available through the common IMF GFS or Eurostat adapters.