Monthly Review of Accounts of Union GoI upto the month of July 2021 for FY 2021-22

Last updated: 02 September 2021

Quick Summary
The Union Government of India's accounts for the fiscal year 2021-22, up to July 2021, have been published. Total receipts amounted to Rs. 6,83,297 crore, with tax revenue forming the largest portion. Overall expenditure reached Rs. 10,04,440 crore, covering both revenue and capital accounts, including significant spending on interest payments and subsidies.

The Monthly Account of the Union Government of India upto the month of July, 2021 has been consolidated and reports published. The highlights are given below:-

The Government of India has received Rs. 6,83,297 crore (34.6% of corresponding BE 2021-22 of Total Receipts) upto July, 2021 comprising Rs. 5,29,189 crore Tax Revenue (Net to Centre), Rs. 1,39,960 crore of Non Tax Revenue and Rs. 14,148 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans Rs. 5,777 crore and Disinvestment Proceeds of  Rs. 8,371 crore. Rs. 1,65,064 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto July,2021. 

India Govt Accounts Review: July 2021 FY21-22

Total Expenditure incurred by Government of India is Rs. 10,04,440 crore (28.8% of corresponding BE 2021-22), out of which Rs. 8,76,012 crore is on Revenue Account and Rs.1,28,428 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs. 2,25,817 crore is on account of Interest Payments and Rs. 1,20,069 crore is on account of Major Subsidies.

FAQ :

This review covers the Union Government of India's accounts up to the month of July 2021 for the fiscal year 2021-22.

The total receipts for the Government of India up to July 2021 were Rs. 6,83,297 crore.

Total receipts include Rs. 5,29,189 crore in Tax Revenue (Net to Centre), Rs. 1,39,960 crore in Non-Tax Revenue, and Rs. 14,148 crore in Non-Debt Capital Receipts.

The total expenditure incurred by the Government of India up to July 2021 was Rs. 10,04,440 crore.

Out of the total revenue expenditure, Rs. 2,25,817 crore was for Interest Payments and Rs. 1,20,069 crore was for Major Subsidies.

Rs. 1,65,064 crore was transferred to State Governments as their share of taxes by the Government of India up to July 2021.



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