The Monthly Account of the Union Government of India upto the month of January, 2021 has been consolidated and reports published.

The highlights are given below:-

The Government of India has received ₹12,83,314 crore (80% of corresponding RE 2020-21 of Total Receipts) upto January, 2021 comprising of ₹ 11,01,855 crore Tax Revenue (Net to Centre), ₹1,41,104 crore of Non Tax Revenue and ₹40,355 crore of Non Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (₹15,804 crore) and Disinvestment proceeds (₹24,551crore).

₹4,08,873 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto January, 2021.

Total Expenditure incurred by Government of India is ₹25,17,318 crore (73% of corresponding RE 2020-21), out of which ₹21,55,210 crore is on Revenue Account and ₹3,62,108 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹5,19,597 crore is on account of Interest Payments and ₹2,52,656 crore is on account of Major Subsidies.

Central government receipts and spending: tax, non tax and capital receipts and revenue versus capital expenditures tracked. The Union Government's monthly accounts to January 2021 detail central receipts dominated by Tax Revenue (Net), supplemented by Non Tax Revenue and Non Debt Capital Receipts (loan recoveries and disinvestment), with a significant portion transferred to States as Devolution of Share of Taxes. Total Expenditure is categorised into Revenue and Capital Expenditure, with interest payments and major subsidies as major components of Revenue Expenditure, indicating the composition and pace of budget execution for the financial year.