The Monthly Account of the Union Government of India up to February 2018 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 12,83,472 crore (79.09% of corresponding RE 17-18 of Total Receipts) upto  February 2018 comprising

₹ 10,35,546 crore Tax Revenue (Net to Centre), ₹ 1,42,132 crore of  Non Tax Revenue and ₹ 1,05,794 crore of Non Debt Capital Receipts.    Non Debt Capital Receipts consists of Recovery of Loans (Rs.13,301crore) and  Disinvestment of  PSUs (Rs. 92,493 crore).

Rs.5,29,624 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India in this period which is ₹ 66,039 crore higher than the corresponding period of last year 2016-17.

Total Expenditure incurred by Government of India is ₹ 19,99,171 crore (90.14% of corresponding RE 17-18), out of which ₹ 17,02,085 crore is on Revenue Account and ₹ 2,97,086 crore is on Capital Account.   Out of the total Revenue Expenditure ₹ 4,50,729 crore is on account of  Interest Payments and ₹ 2,27,678 crore is on account of Major Subsidies.

Public finance composition: receipts, devolutions and expenditure split emphasize tax, non tax and capital receipts and major revenue outlays. The monthly account for February 2018 reports central government receipts up to that month as comprising tax revenue, non tax revenue and non debt capital receipts (loan recoveries and disinvestment), and records increased devolution to States versus the prior year; it further details total expenditure split into revenue and capital components and identifies interest payments and major subsidies as principal elements of revenue expenditure, presented against revised estimates for 2017-18.