Monthly Review of Accounts of Union Government of India upto the month of June 2019 for the Financial Year 2019-20.
The Monthly Account of the Union Government of India upto the month of June 2019 has been consolidated and reports published.
The highlights are given below:-
The Government of India has received Rs.2,89,650 crore (13.92% of corresponding BE 19-20 of Total Receipts) upto June 2019 comprising Rs. 2,51,411 crore Tax Revenue (Net to Centre), Rs. 33,475 crore of Non Tax Revenue and Rs.4,764 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs. 2,407 crore) and Disinvestment Proceeds (Rs. 2,357 crore).
Rs.1,48,631 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is Rs. 8,896 crore lower than the previous year.
Total Expenditure incurred by Government of India is Rs.7,21,705 crore (25.92% of corresponding BE 19-20), out of which Rs.6,58,705 crore is on Revenue Account and Rs.63,000 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs.1,41,755 crore is on account of Interest Payments and Rs.1,51,824 crore is on account of Major Subsidies.Tags : Income Tax