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
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited News Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benfits
Already a PRO member?
Login here
for an ad-free experience.
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.