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

The Government of India has received ₹ 17,61,692 crore (89.1% of corresponding BE 2021-22 of Total Receipts) upto December, 2021 comprising ₹ 14,73,809 crore Tax Revenue (Net to Centre), ₹ 2,59,414 crore of Non-Tax Revenue and ₹ 28,469 crore of Non Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans ₹ 19,105 crore and Miscellaneous Capital Receipts of ₹ 9,364 crore. ₹ 4,50,310 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto December, 2021. 

Total Expenditure incurred by Government of India is ₹ 25,21,058 crore (72.4% of corresponding BE 2021-22), out of which ₹ 21,29,414 crore is on Revenue Account and ₹ 3,91,644 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 5,64,414 crore is on account of Interest Payments and ₹ 2,71,374 crore is on account of Major Subsidies.

Public finance composition: tax receipts dominate while revenue expenditure, including interest and subsidies, absorbs most resources. Consolidated monthly accounts report records central receipts dominated by Tax Revenue, supplemented by Non Tax Revenue and Non Debt Capital Receipts, and notes transfers to states as Devolution of Share of Taxes. Expenditure is mainly on the Revenue Account with a defined Capital Account component; within revenue spending, Interest Payments and Major Subsidies are identified as principal outflows, and the report compares collections and expenditures to corresponding budget estimates.