Monthly review of accounts of Government of India upto October, 2024 (FY 2024-25)

The Monthly Account of the Government of India upto the month of October, 2024, has been consolidated and reports published. The highlights are given below: -

The Government of India has received ₹17,23,074 crore (53.7% of corresponding BE 2024-25 of Total Receipts upto October, 2024, comprising ₹13,04,973 crore Tax Revenue (Net to Centre), ₹3,99,294 crore of Non-Tax Revenue and ₹18,807 crore of Non-Debt Capital Receipts. ₹7,22,976 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹1,94,571 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹24,73,898 crore (51.3% of corresponding BE 2024-25), out of which ₹20,07,353 crore is on Revenue Account and ₹4,66,545 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹5,96,347 crore is on account of Interest Payments and ₹2,48,670 crore is on account of Major Subsidies.