The Monthly Account of the Union Government of India upto the month of August, 2020 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹3,77,306 crore (16.80% of corresponding BE 2020-21 of Total Receipts) upto August, 2020 comprising ₹ 2,84,495 crore Tax Revenue (Net to Centre),  ₹86,147 crore of  Non Tax Revenue and ₹6,664 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹6,635 crore) and Disinvestment proceeds (₹29 crore)

₹2,17,976 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹37,629 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹12,47,653 crore (41.01% of corresponding BE 2020-21), out of which ₹11,13,206 crore is on Revenue Account and ₹1,34,447crore is on Capital Account. Out of the Total Revenue Expenditure, ₹2,37,662 crore is on account of Interest Payments and ₹1,30,700 crore is on account of Major Subsidies.

Public finance receipts and expenditure: August 2020 review shows structure of central receipts, devolutions, and spending composition. The consolidated monthly accounts up to August 2020 present total receipts broken into tax revenue, non tax revenue and non debt capital receipts, and record transfers to states as devolution of share of taxes. Expenditure is reported by revenue and capital accounts, with revenue outgo further itemised to show interest payments and major subsidies, and totals expressed as proportions of the 2020-21 budget estimates.