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        Review of the Monthly Account of the Government of India up to the month of February 2019 for the Financial Year 2018-19

        March 29, 2019

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        The Monthly Account of the Union Government of India up to the month of February 2019 for the Financial Year 2018-19 has been consolidated and reports published.

        The highlights are given below:-

        The Government of India has received ₹ 13,37,340 crore (73.37% of corresponding  RE 18-19 of Total Receipts) upto February 2019 comprising ₹ 10,93,923 crore Tax Revenue (Net to Centre),  ₹ 1,71,755 crore of  Non Tax Revenue and ₹ 71,662 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs.15,042 crore) and  Disinvestment of  PSUs (Rs. 56,620 crore). 

        ₹ 5,96,667 crore has been transferred to the State Governments as Devolution of  Share of Taxes by Government of India up to this period which is ₹ 67,043 crore higher than the corresponding period of last year 2017-18. 

        Total Expenditure incurred by Government of India is ₹ 21,88,839 crore (89.08% of corresponding RE 18-19), out of which ₹ 19,15,303 crore is on Revenue Account and ₹ 2,73,536 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 5,01,160 crore is on account of Interest Payments and ₹ 2,63,868 crore is on account of Major Subsidies.  

        Government receipts and expenditure: composition of receipts, state tax devolution, and major revenue outlays reported to February. Consolidated monthly accounts to February 2019 report receipts by tax revenue, non tax revenue and non debt capital receipts (loan recovery and disinvestment), record devolution of share of taxes to States, and present total expenditure divided into revenue and capital accounts with major components identified as interest payments and major subsidies, each expressed relative to the revised estimates for 2018 19.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Government receipts and expenditure: composition of receipts, state tax devolution, and major revenue outlays reported to February.

                                Consolidated monthly accounts to February 2019 report receipts by tax revenue, non tax revenue and non debt capital receipts (loan recovery and disinvestment), record devolution of share of taxes to States, and present total expenditure divided into revenue and capital accounts with major components identified as interest payments and major subsidies, each expressed relative to the revised estimates for 2018 19.





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                                ActsIncome Tax
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