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The Monthly Account of the Government of India upto the month of December, 2024 has been consolidated and reports published. The highlights are given below: -
The Government of India has received ₹23,18,005 crore (72.3% of corresponding BE 2024-25 of Total Receipts upto December, 2024 comprising ₹18,43,053 crore Tax Revenue (Net to Centre), ₹4,47,657 crore of Non-Tax Revenue and ₹27,295 crore of Non-Debt Capital Receipts. ₹9,01,150 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹1,53,862 crore higher than the previous year.
Total Expenditure incurred by Government of India is ₹32,32,094 crore (67.0% of corresponding BE 2024-25), out of which ₹25,46,757 crore is on Revenue Account and ₹6,85,337 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹8,08,313 crore is on account of Interest Payments and ₹3,06,994 crore is on account of Major Subsidies.
Government receipts and expenditure reporting shows devolution and major revenue-capital split, with interest and subsidy composition disclosed. Monthly consolidated accounts through December 2024 present year to date receipts chiefly from Tax Revenue, supplemented by Non Tax and Non Debt Capital Receipts, with a significant transfer to states as devolution of share of taxes. Expenditure is reported separately as Revenue and Capital, highlighting large components: interest payments within revenue expenditure and major subsidies, and showing receipt and expenditure realization as percentages of the budget estimates.Press 'Enter' after typing page number.