The Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2020-21 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 16,89,720 crore (105.50% of corresponding RE 20-21 of Total Receipts) during 2020-21 comprising ₹ 14,24,035 crore Tax Revenue (Net to Centre), ₹ 2,08,059 crore of Non Tax Revenue and ₹ 57,626 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 19,729 crore) and Disinvestment Proceeds (₹ 37,897 crore).

₹ 5,94,997 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 55,680 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 35,11,181 crore (101.76% of corresponding RE 20-21), out of which ₹ 30,86,360 crore  is on Revenue Account and ₹ 4,24,821 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 6,82,079 crore is on account of Interest Payments and ₹ 6,89,545 crore is on account of Major Subsidies. 

Union government receipts and expenditure: composition of tax and non tax receipts, devolution to states, and expenditure breakdown. The provisional consolidated accounts present the Union Government's total receipts composed of Tax Revenue (Net to Centre), Non Tax Revenue and Non Debt Capital Receipts (loan recoveries and disinvestment proceeds), and record the devolution of the share of taxes to state governments. Total expenditure is divided into Revenue Account and Capital Account; the Revenue Account notably includes interest payments and major subsidies, and the totals are reported against revised estimates for the year.