<h1>India's 2022-23 Financial Year: Revenue Exceeds Estimates, Rs. 9.48 Trillion Transferred to States, Significant Interest and Subsidy Costs.</h1> The Union Government of India's provisional accounts for the financial year 2022-2023 reveal total receipts of Rs. 24,55,706 crore, surpassing the revised estimates. This includes Rs. 20,97,368 crore in tax revenue, Rs. 2,86,151 crore in non-tax revenue, and Rs. 72,187 crore in non-debt capital receipts. The government transferred Rs. 9,48,406 crore to state governments, an increase of Rs. 50,015 crore from the previous year. Total expenditure reached Rs. 41,88,837 crore, with Rs. 34,52,518 crore on revenue account and Rs. 7,36,319 crore on capital account. Key expenditures included Rs. 9,28,424 crore on interest payments and Rs. 5,30,959 crore on major subsidies.