The Monthly Account of the Union Government of India upto the month of June 2023 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹5,99,291 crore (22.1% of corresponding BE 2023-24 of Total Receipts) upto June 2023 comprising ₹4,33,620 crore Tax Revenue (Net to Centre), ₹1,54,968 crore of Non-Tax Revenue and ₹10,703 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans ₹6,468 crore and Miscellaneous Capital Receipts of ₹4,235 crore. ₹2,36,560 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹93,785 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹10,50,661 crore (23.3% of corresponding BE 23-24), out of which ₹7,72,181 crore is on Revenue Account and ₹2,78,480 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹2,43,705 crore is on account of Interest Payments and ₹87,035 crore is on account of Major Subsidies.

Fiscal receipts and expenditure review shows increased devolution to states and high revenue obligations for the central government. Consolidated fiscal review to June 2023 reports receipts composition-tax revenue (net), non tax revenue and non debt capital receipts-and quantifies transfers to State Governments as devolution of share of taxes. Expenditure is presented by revenue and capital accounts, with revenue expenditure highlighting interest payments and major subsidies, and the statement compares actual flows to corresponding budget estimates for 2023-24.