The Monthly Account of the Union Government of India upto the month of June 2019 has been consolidated and reports published.

The highlights are given below:-

The Government of India has received ₹ 2,89,650 crore (13.92% of corresponding  BE 19-20 of Total Receipts) upto June 2019 comprising ₹ 2,51,411 crore Tax Revenue (Net to Centre),  ₹ 33,475 crore of  Non Tax Revenue and ₹ 4,764 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 2,407 crore) and Disinvestment Proceeds (₹ 2,357 crore).

₹ 1,48,631 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 8,896 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 7,21,705 crore (25.92% of corresponding BE 19-20), out of which ₹ 6,58,705 crore is on Revenue Account and ₹ 63,000 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 1,41,755 crore is on account of Interest Payments and ₹ 1,51,824 crore is on account of Major Subsidies.

Budget receipts and expenditure composition through June show tax-dominant receipts and high revenue spending including interest and subsidies. Consolidated June 2019 fiscal accounts show total receipts mainly from Tax Revenue (Net to Centre), supplemented by Non Tax Revenue and Non Debt Capital Receipts (loan recoveries and disinvestment). The Centre transferred a lower-than-last-year amount as Devolution of Share of Taxes to States. Total expenditure is concentrated in Revenue Expenditure rather than Capital Expenditure, with Interest Payments and Major Subsidies constituting large components of revenue outlays.