Tuesday , October 19 2021

Monthly Review of Accounts of Union Government of India upto the month of September, 2020 for the Financial Year 2020-21

The Monthly Account of the Union Government of India upto the month of September, 2020 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹5,65,417 crore (25.18% of  corresponding BE 2020-21 of Total Receipts) upto September, 2020 comprising ₹ 4,58,508 crore Tax Revenue (Net to Centre), ₹92,274 crore of Non-Tax Revenue and ₹14,635 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (₹8,854 crore) and Disinvestment proceeds (₹5,781crore).

₹2,59,941 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹51,277 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹14,79,410 crore (48.63% of corresponding BE 2020-21), out of which ₹13,13,574 crore is on Revenue Account and ₹165,836 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹3,05,652 crore is on account of Interest Payments and ₹1,56,210 crore is on account of Major Subsidies.

Please share this news
<div id="taboola-below-article-thumbnails"></div>
<script type="text/javascript">
  window._taboola = window._taboola || [];
  _taboola.push({
    mode: 'thumbnails-a',
    container: 'taboola-below-article-thumbnails',
    placement: 'Below Article Thumbnails',
    target_type: 'mix'
  });
</script>