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

The Government of India has received ₹14,17,278 crore (52.2% of corresponding BE 2023-24 of Total Receipts) upto September 2023 comprising ₹11,60,340 crore Tax Revenue (Net to Centre), ₹2,36,772 crore of Non-Tax Revenue and ₹20,166 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans ₹13,216 crore and Miscellaneous Capital Receipts of ₹6,950 crore.

The Government of India has transferred ₹4,55,444 crore to State Governments as Devolution of Share of Taxes upto this period which is ₹79,338 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹21,19,139 crore (47.1% of corresponding BE 2023-24), out of which ₹16,28,511 crore is on Revenue Account and ₹4,90,628 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹4,84,329 crore is on account of Interest Payments and ₹2,06,396 crore is on account of Major Subsidies. 

Public finance receipts and expenditure: central receipts composition and intergovernmental transfers shape budget execution this period. Consolidated monthly fiscal update presents central government receipts-tax revenue, non tax revenue and non debt capital receipts including loan recoveries-and records transfers to states as Devolution of Share of Taxes. It itemises total expenditure into Revenue Expenditure and Capital Expenditure, highlighting Interest Payments and Major Subsidies as principal revenue outlays, thereby summarising receipts composition, intergovernmental transfers, and budget execution across revenue and capital heads.