The Monthly Account of the Government of India for the month of April 2024 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹2,13,334 crore (6.9% of corresponding BE 2024-25 of Total Receipts) for April 2024 comprising ₹1,84,998 crore Tax Revenue (Net to Centre), ₹27,295 crore of Non-Tax Revenue and ₹1,041 crore of Non-Debt Capital Receipts, on account of Recovery of Loans. ₹69,875 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹10,735 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹4,23,470 crore (8.9% of corresponding BE 2024-25), out of which ₹3,24,235 crore is on Revenue Account and ₹99,235 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹1,28,263 crore is on account of Interest Payments and ₹19,407 crore is on account of Major Subsidies. 

Government receipts and expenditure overview shows receipt composition and expenditure split with increased devolution to states. Monthly consolidated accounts for April 2024 set out central government receipts-Tax Revenue (Net to Centre), Non Tax Revenue and Non Debt Capital Receipts-and note increased transfers to states under Devolution of Share of Taxes. Expenditure is presented as total outgo with a split between Revenue Expenditure and Capital Account expenditure; Revenue Expenditure is driven notably by Interest Payments and Major Subsidies, and totals are stated relative to the corresponding Budget Estimates for FY2024 25.