The Union Government of India's accounts for April 2022 show total receipts of ₹1,99,983 crore. This includes tax revenue, non-tax revenue, and non-debt capital receipts. Total expenditure for the month was ₹2,74,829 crore, with significant amounts allocated to revenue and capital accounts, including interest payments and major subsidies. Additionally, ₹47,592 crore was transferred to state governments as a share of taxes.
The Monthly Account of the Union Government of India for the month of April 2022 has been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹1,99,983 crore (8.8% of corresponding BE 22-23 of Total Receipts) for Apr 2022 comprising ₹1,84,557 crore Tax Revenue (Net to Centre), ₹11,938 crore of Non Tax Revenue and ₹3,488 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans ₹429 crore and Miscellaneous
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FAQ :
The Union Government received ₹1,99,983 crore in total receipts for April 2022.
Receipts comprised ₹1,84,557 crore of Tax Revenue (Net to Centre), ₹11,938 crore of Non Tax Revenue, and ₹3,488 crore of Non Debt Capital Receipts.
The total expenditure incurred by the Government of India was ₹2,74,829 crore in April 2022.
Expenditure was split into ₹1,95,904 crore on Revenue Account and ₹78,925 crore on Capital Account.
₹47,592 crore was transferred to State Governments as their share of taxes, which is ₹8,417 crore higher than the previous year.
Interest payments amounted to ₹41,288 crore and major subsidies were ₹10,151 crore out of the total revenue expenditure.