The Union Government of India's accounts for the financial year 2020-21, up to January 2021, have been published. Total receipts reached ₹12,83,314 crore, with tax revenue forming the largest component. The government also transferred ₹4,08,873 crore to state governments as their share of taxes. Total expenditure amounted to ₹25,17,318 crore, covering both revenue and capital accounts, with significant portions allocated to interest payments and subsidies.
The Monthly Account of the Union Government of India upto the month of January, 2021 has been consolidated and reports published.
The highlights are given below
The Government of India has received ₹12,83,314 crore (80% of corresponding RE 2020-21 of Total Receipts) upto January, 2021 comprising of ₹ 11,01,855 crore Tax Revenue (Net to Centre), ₹1,41,104 crore of Non Tax Revenue and ₹40,355 crore of Non Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (₹15,804
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FAQ :
The review covers the Union Government of India's accounts up to the month of January 2021 for the financial year 2020-21.
The Government of India received ₹12,83,314 crore up to January 2021.
₹4,08,873 crore was transferred to State Governments as their share of taxes by January 2021.
The total expenditure incurred by the Government of India was ₹25,17,318 crore up to January 2021.
Expenditure included ₹21,55,210 crore on Revenue Account and ₹3,62,108 crore on Capital Account. Within Revenue Expenditure, ₹5,19,597 crore was for Interest Payments and ₹2,52,656 crore for Major Subsidies.