whereismytaxmoney.com

Interest and debt service

Interest payments and the servicing of public debt from previous borrowing. It is usually the second largest thing the union spends on, and it is a legally committed charge rather than a discretionary programme.

₹12,74,338 crore

spent in 2025–26, 25.7% of all union government spending that year. Revised estimate, not yet final.

Every year on record

Interest and debt service, by year
Year Amount Share of union spending Basis
2025–26 ₹12,74,338 crore 25.67% Revised estimate
2024–25 ₹11,15,575 crore 23.98% Actuals
2023–24 ₹10,63,872 crore 23.94% Actuals
2022–23 ₹9,28,517 crore 22.14% Actuals
2021–22 ₹8,05,499 crore 21.23% Actuals
2020–21 ₹6,79,869 crore 19.37% Actuals

What is inside it

2 budget lines make up this category. A group carries no figure of its own anywhere in this dataset: the total above is the sum of these, and each of them cites the document it was read from.

Who spends it

The same money, grouped by the ministry that spent it rather than by what it paid for. Both views cover exactly the same rupees, that they agree is checked at build time, not assumed.

Your share of it

These are national totals. Put in what you paid in income tax and the same proportions are applied to your own figure.

Work out your own share