The Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2022-23 has been consolidated and reports published. The highlights are given below: -

The Government of India has received ₹24,55,706 crore (101% of corresponding RE 2022-23 of Total Receipts) during 2022-23 comprising ₹20,97,368 crore Tax Revenue (Net to Centre), ₹2,86,151 crore of Non-Tax Revenue and ₹72,187 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (₹26,152 crore) and Miscellaneous Capital Receipts (₹46,035 crore). ₹9,48,406 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹50,015 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹41,88,837 crore (100% of corresponding RE 22-23), out of which ₹34,52,518 crore is on Revenue Account and ₹7,36,319 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹9,28,424 crore is on account of Interest Payments and ₹5,30,959 crore is on account of Major Subsidies. 

Provisional government accounts consolidation shows receipts composition, increased devolution to states and expenditure split with key drivers. Consolidated provisional accounts for 2022-23 present aggregate receipts comprising net tax revenue, non tax revenue and non debt capital receipts, record increased devolution of share of taxes to states, and distinguish Revenue Expenditure from Capital Expenditure while identifying major expenditure drivers such as interest payments and subsidies.