The provisional and unaudited accounts for the Union Government of India for the financial year 2021-22 have been published. Total receipts for the year reached ₹22,07,634 crore, exceeding the revised estimates by 101.3%. This includes tax revenue, non-tax revenue, and non-debt capital receipts. The government transferred ₹8,81,779 crore to state governments as devolution of taxes, which is significantly higher than the previous year. Total expenditure amounted to ₹37,94,171 crore, with a substantial portion allocated to revenue accounts, including interest payments.
The Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2021-22 has been consolidated and reports published. The highlights are given below: -
The Government of India has received ₹22,07,634 crore (101.3% of corresponding RE 21-22 of Total Receipts) during 2021-22 comprising ₹18,20,382 crore Tax Revenue (Net to Centre), ₹3,48,044 crore of Non-Tax Revenue and ₹39,208 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans
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FAQ :
These accounts cover the Financial Year 2021-22.
No, these are provisional and unaudited accounts.
The total receipts were ₹22,07,634 crore, which was 101.3% of the corresponding Revised Estimates for 2021-22.
₹8,81,779 crore was transferred to State Governments as devolution of share of taxes.
The total expenditure incurred by the Government of India was ₹37,94,171 crore.
Out of the total revenue expenditure, ₹8,05,390 crore was on account of interest payments.