The Monthly Account of the Union Government of India upto the month of October 2019 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 9,34,460 crore (44.87% of corresponding  BE 19-20 of Total Receipts) upto October 2019 comprising ₹ 6,83,486 crore Tax Revenue (Net to Centre),  ₹ 2,24,148 crore of  Non Tax Revenue and ₹ 26,826 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 9,461 crore) and Disinvestment Proceeds (₹ 17,365 crore).

₹ 3,66,871 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 10,205 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 16,54,905 crore (59.4% of corresponding BE 19-20), out of which ₹ 14,53,632 crore  is on Revenue Account and ₹ 2,01,273 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 2,89,565 crore is on account of Interest Payments and ₹ 2,26,724 crore is on account of Major Subsidies.

Government receipts composition highlights tax, non tax and non debt capital receipts shaping fiscal transfers and expenditure profile. Monthly review reports the Union Government's receipts composition-tax revenue, non-tax revenue and non-debt capital receipts-and notes devolution of tax shares to States; expenditure is classified into revenue and capital, with revenue expenditure dominated by interest payments and major subsidies.