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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