Testbook Current Affairs
Testbook Current Affairs
February 2, 2025 at 07:13 AM
_*Union Budget 2025-26*_ *Rupee Comes From (Sources of Revenue)* • Borrowing and Other Liabilities - 24% • Income Tax - 22% • GST & Other Taxes - 18% • Corporation Tax - 17% • Non-Tax Receipts - 9% • Union Excise Duties - 5% • Customs - 4% • Non-Debt Capital Receipts - 1% *Rupee Goes To (Expenditure)* • States' Share of Taxes and Duties - 22% • Interest Payments - 20% • Central Sector Scheme (excluding capital outlay on Defence and Subsidy) - 16% • Defence - 8% • Finance Commission and Other Transfers - 8% • Centrally Sponsored Scheme - 8% • Other Expenditure - 8% • Major Subsidies - 6% • Pensions - 4%
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