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    HomeNewsBusinessEconomyWhat government earns and where does it spend?

    What government earns and where does it spend?

    The reliance on borrowings and other liabilities has also reduced in FY25

    Ishaan Gera
    July 25, 2024 / 13:48 IST
    Budget on money

    Tax revenues will contribute 63 percent to the government’s kitty in FY25 as against 60 percent last year, budget documents showed on July 23. The reliance on borrowings and other liabilities has also reduced, according to budget documents released by the government on July 23. Borrowing and other liabilities now finance 27 percent of receipts compared with 33 percent a year back.

    Moneycontrol takes a look at where the government earns the money from and what it ends up spending on.

    Made with Flourish

    Made with Flourish
    Ishaan Gera
    first published: Jul 23, 2024 04:39 pm

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