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The Monthly Account of the Union Government of India for the month of April 2022 has been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹1,99,983 crore (8.8% of corresponding BE 22-23 of Total Receipts) for Apr 2022 comprising ₹1,84,557 crore Tax Revenue (Net to Centre), ₹11,938 crore of Non Tax Revenue and ₹3,488 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans ₹429 crore and Miscellaneous Capital Receipts of ₹3,059 crore. ₹47,592 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹8,417 crore higher than the previous year.
Total Expenditure incurred by Government of India is ₹2,74,829 crore (7.0% of corresponding BE 22-23), out of which ₹1,95,904 crore is on Revenue Account and ₹78,925 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹41,288 crore is on account of Interest Payments and ₹10,151 crore is on account of Major Subsidies.
Government receipts and expenditure for April show tax-dominated receipts and increased devolution to states, with revenue outlays exceeding capital. The consolidated April 2022 accounts report total receipts led by Tax Revenue, alongside Non Tax Revenue and Non Debt Capital Receipts, and note an increased devolution of tax shares to State Governments. Total Expenditure is presented by account, with Revenue Expenditure exceeding Capital Expenditure; Interest Payments and Major Subsidies are the primary components of Revenue Expenditure.Press 'Enter' after typing page number.