Just a moment...
We've upgraded AI Tools on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
The Monthly Account of the Union Government of India upto the month of June, 2022 has been consolidated and reports published. The highlights are given below:-
The Government of India has received ₹5,96,040 crore (26.1% of corresponding BE 2022-23 of Total Receipts) upto June, 2022 comprising ₹5,05,898 crore Tax Revenue (Net to Centre), ₹62,160 crore of Non-Tax Revenue and ₹27,982 crore of Non Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans of ₹3,423 crore and Miscellaneous Capital Receipts of ₹24,559 crore. ₹1,42,775 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹25,251 crore higher than the previous year.
Total Expenditure incurred by Government of India is ₹9,47,911 crore (24.0% of corresponding BE 2022-23), out of which ₹7,72,847 crore is on Revenue Account and ₹1,75,064 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹2,28,595 crore is on account of Interest Payments and ₹67,980 crore is on account of Major Subsidies.
****
RM/MV/KMN
Public finance reporting: consolidated government receipts and expenditure, highlighting tax receipts, state devolution, revenue and capital outlays. Monthly consolidated accounts up to June 2022 present total receipts made up of Tax Revenue (Net to Centre), Non Tax Revenue and Non Debt Capital Receipts (loan recoveries and miscellaneous capital receipts), and note increased Devolution of Share of Taxes to states. Total expenditure is split into Revenue and Capital Accounts, with Revenue Expenditure dominated by Interest Payments and Major Subsidies.Press 'Enter' after typing page number.