<h1>India's 2019-20 Govt Receipts Hit 66.41% of Estimates; Rs. 5,30,735 Crore Transferred to States, Expenditure Soars.</h1> The Union Government of India reported total receipts of Rs. 12,82,857 crore up to January 2020 for the financial year 2019-20, which is 66.41% of the revised estimates. This includes Rs. 9,98,037 crore from tax revenue, Rs. 2,52,083 crore from non-tax revenue, and Rs. 32,737 crore from non-debt capital receipts. The government transferred Rs. 5,30,735 crore to state governments, which is Rs. 11,003 crore less than the previous year. Total government expenditure reached Rs. 22,68,329 crore, with Rs. 20,00,595 crore on revenue account and Rs. 2,67,734 crore on capital account. Revenue expenditure includes Rs. 4,71,916 crore for interest payments and Rs. 2,62,978 crore for major subsidies.