Monthly Review of Union Government of India upto the month of September 2018 for the Financial Year 2018-19

The Monthly Account of the Union Government of India up to the month of September,2018 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 7,09,483 crore (39.03% of corresponding  BE 18-19 of Total Receipts) upto  September, 2018 comprising ₹ 5,82,783 crore Tax Revenue (Net to Centre),  ₹ 1,08,969 crore of  Non-Tax Revenue and ₹ 17,731 crore of Non-Debt Capital Receipts.    Non-Debt Capital Receipts consists of Recovery of Loans (Rs.7,786 crore) and  Disinvestment of  PSUs (Rs. 9,945 crore).

₹ 3,22,189 crore has been transferred to State Governments as Devolution of  Share of Taxes by the Government of India up to this period which is ₹ 33,093 crore higher than the corresponding period of last year 2017-18.

Total Expenditure incurred by Government of India is ₹ 13,04,215 crore (53.40% of corresponding BE 18-19), out of which ₹ 11,41,586 crore is on Revenue Account and ₹ 1,62,629 crore is on Capital Account.   Out of the total Revenue Expenditure, ₹ 2,55,432 crore is on account of  Interest Payments and ₹ 1,88,291 crore is on account of Major Subsidies.