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        Monthly Review of Accounts of Union Government of India upto month of June 2021 for Financial Year 2021-22

        July 30, 2021

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        The Monthly Account of the Union Government of India upto the month of June 2021 has been consolidated and reports published. The highlights are given below:-

        The Government of India has received ₹ 5,47,399 crore (27.7% of corresponding BE 2021-22 of Total Receipts) upto June 2021 comprising ₹ 4,12,680 crore Tax Revenue (Net to Centre), ₹ 1,27,317 crore of Non Tax Revenue and ₹ 7,402 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans ₹ 3,406 crore and Disinvestment Proceeds of  ₹ 3,996 crore.

        ₹ 1,17,524 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period.

        Total Expenditure incurred by Government of India is ₹ 8,21,644 crore (23.6% of corresponding BE 2021-22), out of which ₹ 7,10,148 crore is on Revenue Account and ₹ 1,11,496 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 1,84,295 crore is on account of Interest Payments and ₹ 1,00,090 crore is on account of Major Subsidies.

        Government fiscal receipts and expenditure: central receipts composition and devolution influence expenditure allocation. The consolidated monthly accounts up to June 2021 set out central Total Receipts-composed of tax revenue (net), non tax revenue, and non debt capital receipts (loan recoveries and disinvestment)-and quantify transfers to states as devolution of tax share. Total Expenditure is divided into revenue and capital accounts, with revenue expenditure including disclosed amounts for interest payments and major subsidies.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Government fiscal receipts and expenditure: central receipts composition and devolution influence expenditure allocation.

                                The consolidated monthly accounts up to June 2021 set out central Total Receipts-composed of tax revenue (net), non tax revenue, and non debt capital receipts (loan recoveries and disinvestment)-and quantify transfers to states as devolution of tax share. Total Expenditure is divided into revenue and capital accounts, with revenue expenditure including disclosed amounts for interest payments and major subsidies.





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                                ActsIncome Tax
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