<h1>India's 2017-18 Receipts at 71.7% of Target; Rs. 11.63 Lakh Crore Collected by January 2018.</h1> The Government of India received Rs. 11,63,386 crore, accounting for 71.7% of the total receipts for the financial year 2017-18 up to January 2018. This includes Rs. 9,71,323 crore in net tax revenue, Rs. 1,24,364 crore in non-tax revenue, and Rs. 67,699 crore in non-debt capital receipts. Rs. 4,81,477 crore was transferred to state governments as tax devolution, which is Rs. 58,631 crore more than the previous year. Total expenditure was Rs. 18,39,945 crore, with Rs. 15,75,780 crore on revenue and Rs. 2,64,165 crore on capital accounts. Revenue expenditure included Rs. 4,14,238 crore for interest payments and Rs. 2,18,581 crore for major subsidies.