<h1>India's Financial Report: 28.5% of 2023-24 Budget Achieved by July; Tax Revenue Hits Rs. 5.82 Lakh Crore.</h1> The Union Government of India's financial report up to July 2023 reveals total receipts of Rs. 7,75,107 crore, representing 28.5% of the budget estimate for 2023-24. This includes Rs. 5,82,585 crore in net tax revenue, Rs. 1,78,804 crore in non-tax revenue, and Rs. 13,718 crore in non-debt capital receipts. Rs. 3,09,521 crore has been transferred to state governments, an increase of Rs. 1,08,413 crore from the previous year. Total expenditure is Rs. 13,80,700 crore, with Rs. 10,63,621 crore on revenue and Rs. 3,17,079 crore on capital accounts. Revenue expenditure includes Rs. 2,99,889 crore for interest payments and Rs. 1,40,996 crore for major subsidies.