Jun 01: The Monthly Account of the Union Government of India for the month of April 2023 has been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹1,70,501 crore (6.3% of corresponding BE 2023-24 of Total Receipts) for April 2023 comprising ₹1,58,901 crore Tax Revenue (Net to Centre), ₹10,958 crores of Non-Tax Revenue and ₹642 crores of Non-Debt Capital Receipts. Non-Debt Capital Receipts consist of Recovery of Loans ₹592 crore and Miscellaneous Capital Receipts of ₹9 crore. ₹59,140 crores has been transferred to State Governments as Devolution of Share of Taxes by the Government of India up to this period which is ₹11,548 crores higher than the previous year.
Total Expenditure incurred by the Government of India is ₹3,04,096 crore (6.8% of corresponding BE 2023-24), out of which ₹2,25,639 crore is on Revenue Account and ₹78,457 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹47,929 crore is on account of Interest Payments and ₹25,161 crore is on account of Major Subsidies.Disclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.