The Union Government of India's accounts for the fiscal year 2021-22 up to October 2021 have been published. Total receipts reached Rs. 12,79,699 crore, representing 64.8% of the budget, with tax revenue forming the largest component. Total expenditure stood at Rs. 18,26,725 crore, or 52.4% of the budget, with significant amounts allocated to interest payments and major subsidies.
The Monthly Account of the Union Government of India upto the month of October, 2021 has been consolidated and reports published. The highlights are given below:-
The Government of India has received Rs. 12,79,699 crore (64.8% of corresponding BE 2021-22 of Total Receipts) upto October, 2021 comprising Rs. 10,53,135 crore Tax Revenue (Net to Centre), Rs. 2,06,842 crore of Non-Tax Revenue and Rs. 19,722 crore of Non Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans
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FAQ :
The review covers the Union Government of India's accounts up to the month of October 2021 for the financial year 2021-22.
Total receipts amounted to Rs. 12,79,699 crore, which is 64.8% of the budgeted amount for the corresponding period.
Receipts include Rs. 10,53,135 crore in Tax Revenue (Net to Centre), Rs. 2,06,842 crore in Non-Tax Revenue, and Rs. 19,722 crore in Non-Debt Capital Receipts.
The total expenditure incurred by the Government of India was Rs. 18,26,725 crore, which is 52.4% of the corresponding budget estimate.
Expenditure is divided into Rs. 15,73,455 crore on Revenue Account and Rs. 2,53,270 crore on Capital Account. Within Revenue Expenditure, Rs. 3,99,737 crore was for Interest Payments and Rs. 2,09,916 crore for Major Subsidies.
Rs. 3,07,687 crore was transferred to State Governments as their share of taxes up to October 2021.