Quick Summary
The Monthly Account of the Union Government of India upto the month of October, 2020 has been consolidated and reports published. The highlights are given below:- The Government of India has received Rs. 7,08,300 crore (31.54% of corresponding BE 2020-21 of Total Receipts) upto October, 2020 comprising Rs. 5,75,697 crore Tax Revenue (Net to Centre), Rs. 1,16,206 crore of Non Tax Revenue and Rs. 16,397 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's accounts up to the month of October 2020 for the financial year 2020-21.
The total receipts were Rs. 7,08,300 crore, which represents 31.54% of the budgeted amount for FY 2020-21.
Receipts comprise Rs. 5,75,697 crore in Tax Revenue (Net to Centre), Rs. 1,16,206 crore in Non-Tax Revenue, and Rs. 16,397 crore in Non-Debt Capital Receipts.
Rs. 2,97,174 crore was transferred to State Governments as devolution of share of taxes up to October 2020.
The total expenditure incurred was Rs. 16,61,454 crore, representing 54.61% of the budgeted amount for FY 2020-21.
Major components include Rs. 3,33,456 crore for Interest Payments and Rs. 1,85,400 crore for Major Subsidies.
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