| Category | Details |
|---|---|
| Fiscal Deficit (Apr-Nov FY26) | ₹9.77 trillion (62.3% of FY26 Budget Estimate) |
| Capital Expenditure (Capex) | ₹6.58 trillion (59% of FY26 BE, up from 49% YoY; 28% growth YoY) |
| Gross Tax Revenue | Up 3.3% YoY |
| Net Tax Revenue | Down 3.4% YoY (49.1% of FY26 BE, vs. 56% in same period last year) |
| Non-Tax Revenue | Up 20.8% YoY (88.6% of FY26 BE) |
| IGST Settlement Impact | Reduced Centre's gross tax share; ICRA estimates ₹1.5 trillion shortfall |
| Key Highlight | Faster capex growth (infrastructure push) but slower tax revenue mobilization |
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