Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
The Monthly Account of the Union Government of India for the month of April 2019 has been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹ 97,631 crore (4.69% of corresponding BE 19-20 of Total Receipts) for April 2019 comprising ₹ 71,637 crore Tax Revenue (Net to Centre), ₹ 23,293 crore of Non Tax Revenue and ₹ 2,701 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 350 crore) and Disinvestment of PSUs (₹ 2,351 crore).
₹ 49,544 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 6,245 crore lower than the previous year.
Total Expenditure incurred by Government of India is ₹ 2,54,679 crore (9.15% of corresponding BE 19-20), out of which ₹ 2,24,091 crore is on Revenue Account and ₹ 30,588 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 19,557 crore is on account of Interest Payments and ₹ 68,974 crore is on account of Major Subsidies.
Central receipts composition highlights tax, non tax and non debt capital inflows, with spending dominated by revenue outlays and transfers. Monthly fiscal statement for April 2019 reports consolidated central receipts composed of tax revenue, non tax revenue, and non debt capital receipts (loan recoveries and disinvestment), and records total expenditure split into revenue and capital accounts, with revenue expenditure notably including interest payments and major subsidies; it also notes transfers to states via devolution of tax shares and a year on year reduction in such devolution for the period.Press 'Enter' after typing page number.