The Centre’s dividend receipts from public sector enterprises (CPSEs) have exceeded the budget target (revised estimate) of Rs 55,000 crore by 34% to reach nearly Rs 75,000 crore in 2024-25, setting a new record. The dividend receipts from CPSEs – an important source of non-tax revenues- in FY25 is 16% more than the previous high of Rs 63,749 crore in FY24. Robust dividends from energy sectors like Coal India and Oil & Natural Gas Corporation (ONGC) have boosted these non-tax receipts.