The Union Government of India's accounts up to February 2022 for the financial year 2021-22 have been published. Total receipts reached Rs. 18,27,280 crore, representing 83.9% of the revised estimates. This includes tax revenue, non-tax revenue, and non-debt capital receipts. The government's total expenditure amounted to Rs. 31,43,875 crore, which is 83.4% of the revised estimates, with significant portions allocated to revenue and capital accounts, including interest payments and major subsidies.
The Monthly Account of the Union Government of India upto the month of February, 2022 has been consolidated and reports published. The highlights are given below:-
The Government of India has received Rs.18,27,280 crore (83.9% of corresponding RE 2021-22 of Total Receipts) upto February, 2022 comprising Rs.14,80,886 crore Tax Revenue (Net to Centre), Rs. 3,10,131 crore of Non-Tax Revenue and Rs.36,263 crore of Non Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans
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FAQ :
The accounts cover the period up to the month of February 2022 for the Financial Year 2021-22.
The total receipts were Rs. 18,27,280 crore, which is 83.9% of the corresponding Revised Estimate for FY 2021-22.
Total receipts comprise Rs. 14,80,886 crore of Tax Revenue (Net to Centre), Rs. 3,10,131 crore of Non-Tax Revenue, and Rs. 36,263 crore of Non-Debt Capital Receipts.
The total expenditure incurred was Rs. 31,43,875 crore, representing 83.4% of the corresponding Revised Estimate for FY 2021-22.
Out of the total revenue expenditure, Rs. 6,70,501 crore was for Interest Payments and Rs. 3,82,161 crore was for Major Subsidies.
Rs. 7,87,822 crore was transferred to State Governments as Devolution of Share of Taxes by the Government of India up to February 2022.