Monthly Review of Accounts of Union Government of India upto the month of June, 2023 for the Financial Year 2023-24

The Monthly Account of the Union Government of India upto the month of June 2023 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹5,99,291 crore (22.1% of corresponding BE 2023-24 of Total Receipts) upto June 2023 comprising ₹4,33,620 crore Tax Revenue (Net to Centre), ₹1,54,968 crore of Non-Tax Revenue and ₹10,703 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans ₹6,468 crore and Miscellaneous Capital Receipts of ₹4,235 crore. ₹2,36,560 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹93,785 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹10,50,661 crore (23.3% of corresponding BE 23-24), out of which ₹7,72,181 crore is on Revenue Account and ₹2,78,480 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹2,43,705 crore is on account of Interest Payments and ₹87,035 crore is on account of Major Subsidies.