The Monthly Account of the Union Government of India for the month of April, 2018 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 71,450 crore (3.93% of corresponding BE 18-19 of Total Receipts) during April, 2018 comprising ₹ 57,533 crore Tax Revenue (Net to Centre),  Rs.13,124 crore of  Non Tax Revenue and ₹ 793 crore of Non Debt Capital Receipts.   Non Debt Capital Receipts consists of Recovery of Loans (Rs.359 crore) and  Disinvestment of  PSUs (Rs. 434 crore).

Rs.55,789 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India in this period which is ₹ 7,611 crore higher than the corresponding period of last year 2017-18.

Total Expenditure incurred by Government of India is ₹ 2,23,417 crore (9.15% of corresponding BE 18-19), out of which ₹ 1,76,714 crore is on Revenue Account and ₹ 46,703 crore is on Capital Account.   Out of the total Revenue Expenditure ₹ 15,618 crore is on account of  Interest Payments and ₹ 58,136 crore is on account of Major Subsidies.

Central government receipts and expenditure composition clarified, highlighting tax receipts, devolution to states, and major revenue outlays. Monthly financial reporting for April 2018 records central government receipts comprising Tax Revenue, Non Tax Revenue and Non Debt Capital Receipts (loan recoveries and disinvestment), and distinguishes transfers to states as Devolution of Share of Taxes. Expenditure is presented in Revenue and Capital accounts, with major revenue constituents identified as Interest Payments and Major Subsidies, and an increase in devolution to states noted versus the prior year.