The Union Government of India's accounts for the financial year 2022-23, up to January 2023, have been published. Total receipts reached ₹19,76,483 crore, representing 81.3% of the revised estimate. This includes tax revenue, non-tax revenue, and non-debt capital receipts. The government transferred ₹6,67,770 crore to states as their share of taxes, an increase from the previous year. Total expenditure amounted to ₹31,67,648 crore, or 75.7% of the revised estimate, with significant portions allocated to interest payments and major subsidies.
Monthly Review of Accounts of Union Government of India upto January 2023 for Financial Year 2022-23
The Monthly Account of the Union Government of India upto the month of January, 2023 has been consolidated and reports published. The highlights are given below:
The Government of India has received ₹19,76,483 crore (81.3% of corresponding RE 2022-23 of Total Receipts) upto January, 2023 comprising ₹16,88,710 crore Tax Revenue (Net to Centre), ₹2,30,939 crore of Non-Tax Revenue and ₹57,
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FAQ :
This review covers the Union Government of India's accounts up to January 2023 for the financial year 2022-23.
Total receipts by January 2023 were ₹19,76,483 crore, which is 81.3% of the corresponding revised estimate for FY 2022-23.
₹6,67,770 crore was transferred to State Governments as their share of taxes, which is ₹1,22,378 crore higher than the previous year.
Total expenditure by the Government of India was ₹31,67,648 crore, representing 75.7% of the revised estimate for FY 2022-23.
Out of the total revenue expenditure, ₹7,38,658 crore was for interest payments and ₹3,99,400 crore was for major subsidies.