The Indian government's accounts for the fiscal year 2021-22 up to June 2021 have been published. Total receipts reached Rs. 5,47,399 crore, primarily from tax revenue. The government's total expenditure amounted to Rs. 8,21,644 crore, covering both revenue and capital accounts, with significant portions allocated to interest payments and major subsidies.
The Monthly Account of the Union Government of India upto the month of June 2021 has been consolidated and reports published. The highlights are given below:-
The Government of India has received Rs. 5,47,399 crore (27.7% of corresponding BE 2021-22 of Total Receipts) upto June 2021 comprising Rs. 4,12,680 crore Tax Revenue (Net to Centre), Rs. 1,27,317 crore of Non Tax Revenue and Rs. 7,402 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans Rs. 3,406
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FAQ :
This review covers the Union Government of India's accounts up to the month of June 2021 for the financial year 2021-22.
The total receipts by June 2021 were Rs. 5,47,399 crore.
Total receipts comprised Rs. 4,12,680 crore of Tax Revenue (Net to Centre), Rs. 1,27,317 crore of Non Tax Revenue, and Rs. 7,402 crore of Non Debt Capital Receipts.
The total expenditure incurred by the Government of India by June 2021 was Rs. 8,21,644 crore.
The total expenditure included Rs. 7,10,148 crore on Revenue Account and Rs. 1,11,496 crore on Capital Account. Significant portions of revenue expenditure were for interest payments (Rs. 1,84,295 crore) and major subsidies (Rs. 1,00,090 crore).
Rs. 1,17,524 crore was transferred to State Governments as Devolution of Share of Taxes by the Government of India up to this period.