New Delhi, Feb. 2 -- India's Union Budget 2025-26 revealed a significant reliance on borrowings, accounting for 24 per cent of the government's income, followed closely by income tax, which contributes 22 per cent to the revenue.
The Union Budget 2025 provides a clear picture of how the government collects money and where it is spent and aims to strike a balance between its earnings and expenses, using these funds to support economic growth, improve welfare programs, and ensure national security while maintaining financial stability.
The largest source of government income is Borrowing and Other Liabilities, the second-largest source is Income Tax, which makes up 22 per cent of the revenue. This tax is collected from individuals and sal...
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