The Union Government of India's accounts for the period up to June 2022 have been published, showing total receipts of ₹5,96,040 crore. This includes ₹5,05,898 crore in tax revenue. Total expenditure reached ₹9,47,911 crore, with significant portions allocated to revenue accounts and capital accounts. Notably, ₹1,42,775 crore was transferred to states as their share of taxes, an increase from the previous year.
The Monthly Account of the Union Government of India upto the month of June, 2022 has been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹5,96,040 crore (26.1% of corresponding BE 2022-23 of Total Receipts) upto June, 2022 comprising ₹5,05,898 crore Tax Revenue (Net to Centre), ₹62,160 crore of Non-Tax Revenue and ₹27,982 crore of Non Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans of ₹3,423 crore and M
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FAQ :
The review covers the Union Government of India's accounts up to the month of June 2022 for the Financial Year 2022-23.
The total receipts amounted to ₹5,96,040 crore, representing 26.1% of the budgeted estimate for FY 2022-23.
Revenue receipts comprise ₹5,05,898 crore in Tax Revenue (Net to Centre), ₹62,160 crore in Non-Tax Revenue, and ₹27,982 crore in Non-Debt Capital Receipts.
The total expenditure incurred was ₹9,47,911 crore, which is 24.0% of the budgeted estimate for FY 2022-23.
₹1,42,775 crore was transferred to State Governments as their share of taxes, which is ₹25,251 crore more than in the previous year.
Revenue expenditure included ₹2,28,595 crore for Interest Payments and ₹67,980 crore for Major Subsidies.