The Monthly Accounts of the Government of India upto the month of June 2024 have been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹8,34,197 crore (27.1% of corresponding BE 2024-25 of Total Receipts) upto June, 2024 comprising ₹5,49,633 crore Tax Revenue (Net to Centre), ₹2,80,044 crore of Non-Tax Revenue and ₹4,520 crore of Non-Debt Capital Receipts, on account of Recovery of Loans. ₹2,79,502 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹42,942 crore higher than the previous year.
Total Expenditure incurred by Government of India is ₹9,69,909 crore (20.4% of corresponding BE 2024-25), out of which ₹7,88,858 crore is on Revenue Account and ₹1,81,051 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹2,64,052 crore is on account of Interest Payments and ₹90,174 crore is on account of Major Subsidies.
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NB/KMN
