Feb 01: The Monthly Account of the Union Government of India up to December 2023 has been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹20,71,939 crore (76.3% of corresponding BE 2023-24 of Total Receipts) up to December 2023 comprising ₹17,29,931 crore Tax Revenue (Net to Centre), ₹3,12,358 crore of Non-Tax Revenue and ₹29,650 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consist of Recovery of Loans ₹19,597 crore and Miscellaneous Capital Receipts of ₹10,053 crore. ₹7,47,288 crore has been transferred to State Governments as Devolution of Share of Taxes by the Government of India up to this period which is ₹1,37,851 crore higher than the previous year.
Total Expenditure incurred by the Government of India is ₹30,54,217 crore (67.8% of corresponding BE 2023-24), out of which ₹23,80,587 crore is in Revenue Account and ₹6,73,630 crore is in Capital Account. Out of the Total Revenue Expenditure, ₹7,48,207 crore is on account of Interest Payments and ₹2,76,804 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.