The monthly account of the Government of India upto the month of November, 2024, has been consolidated and reports published. The highlights are given below: -

The Government of India has received ₹18,94,408 crore (59.1% of corresponding BE 2024-25 of Total Receipts upto November, 2024 comprising ₹14,43,435 crore Tax Revenue (Net to Centre), ₹4,27,020 crore of Non-Tax Revenue and ₹23,953 crore of Non-Debt Capital Receipts. ₹8,12,063 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹2,10,697 crore higher than the previous year.  

Total Expenditure incurred by Government of India is ₹27,41,002 crore (56.9% of corresponding BE 2024-25), out of which ₹22,27,502 crore is on Revenue Account and ₹5,13,500 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹6,58,494 crore is on account of Interest Payments and ₹2,79,211 crore is on account of Major Subsidies. 

Public finance review: composition of central receipts and major revenue versus capital outlays tracked against budget estimates. Monthly consolidated accounts up to November 2024 report receipts comprising tax revenue, non-tax revenue and non-debt capital receipts, with a significant transfer to states as Devolution of Share of Taxes. Total expenditure is split into Revenue Expenditure and Capital Expenditure; within Revenue Expenditure, interest payments and major subsidies are principal components. The summaries indicate the distribution of central receipts and the prominence of debt servicing and subsidies within overall spending against budget estimates.