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The Monthly Account of the Union Government of India upto the month of June, 2018 has been consolidated and Reports have been published.
The highlights are given below:-
The Government of India has received ₹ 2,78,614 crore (15.33% of corresponding BE 18-19 of Total Receipts) up to June, 2018 comprising ₹ 2,37,170 crore Tax Revenue (Net to Centre), ₹ 30,601 crore of Non-Tax Revenue and ₹ 10,843 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (Rs. 2,083 crore) and Disinvestment of PSUs (Rs. 8,760 crore).
Rs.1,57,527 crore has been transferred to the State Governments as Devolution of Share of Taxes by the Government of India up to this period which is ₹ 12,982 crore higher than the corresponding period of last year 2017-18.
Total Expenditure incurred by the Government of India is ₹ 7,07,647 crore (28.98% of corresponding BE 18-19), out of which ₹ 6,20,659 crore is on Revenue Account and ₹ 86,988 crore is on Capital Account. Out of the total Revenue Expenditure, ₹ 1,44,915 crore is on account of Interest Payments and ₹ 1,16,820 crore is on account of Major Subsidies.
Fiscal receipts and expenditure composition reviewed, highlighting tax, non tax, disinvestment receipts and devolution to states. The report summarizes consolidated central government receipts-Tax Revenue (Net to Centre), Non-Tax Revenue and Non-Debt Capital Receipts (loan recoveries and disinvestment)-and records transfers to states as Devolution of Share of Taxes with a year-on-year increase. It distinguishes total outlays into Revenue Expenditure and Capital Expenditure and highlights major components of revenue spending, notably Interest Payments and Major Subsidies, to present the mid-year fiscal position.Press 'Enter' after typing page number.