<h1>India's 2023 Financial Report: 64.3% of Budget Received by Nov, Tax Revenue at Rs. 14.36L Cr, State Transfer Up by Rs. 50K Cr.</h1> The Union Government of India reported total receipts of Rs. 17,45,583 crore up to November 2023, representing 64.3% of the budget estimates for the 2023-24 financial year. This includes Rs. 14,35,755 crore in tax revenue, Rs. 2,84,365 crore in non-tax revenue, and Rs. 25,463 crore in non-debt capital receipts. Rs. 6,01,366 crore was transferred to state governments as tax devolution, an increase of Rs. 50,261 crore from the previous year. Total government expenditure reached Rs. 26,52,167 crore, with Rs. 20,66,522 crore on revenue and Rs. 5,85,645 crore on capital accounts. Revenue expenditure included Rs. 6,07,963 crore for interest payments and Rs. 2,42,756 crore for major subsidies.