<h1>India's Union Govt Receives 16.80% of Budget by August 2020; Transfers to States Drop by Rs. 37,629 Crore.</h1> The Union Government of India reported total receipts of Rs. 3,77,306 crore up to August 2020, representing 16.80% of the budget estimates for the financial year 2020-21. This includes Rs. 2,84,495 crore from tax revenue, Rs. 86,147 crore from non-tax revenue, and Rs. 6,664 crore from non-debt capital receipts. The government transferred Rs. 2,17,976 crore to state governments, which is Rs. 37,629 crore less than the previous year. Total expenditure reached Rs. 12,47,653 crore, with Rs. 11,13,206 crore on revenue account and Rs. 1,34,447 crore on capital account. Interest payments accounted for Rs. 2,37,662 crore, while major subsidies totaled Rs. 1,30,700 crore.