https://www.taxtmi.com/news?id=23002 Consolidation of June 2020 monthly accounts shows central receipts comprised of tax revenue (net), non tax revenue and non debt capital receipts, with a substantial portion of tax proceeds transferred to states under devolution; the devolved amount is lower than the prior year. Expenditure is dominated by revenue spending, with interest payments and major subsidies as principal components, reflecting debt servicing and subsidy burdens that constrain the Centre's fiscal space for the period. en-us Fri, 31 Jul 2020 18:12:24 +0530 Fri, 31 Jul 2020 18:12:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23002 Consolidation of June 2020 monthly accounts shows central receipts comprised of tax revenue (net), non tax revenue and non debt capital receipts, with a substantial portion of tax proceeds transferred to states under devolution; the devolved amount is lower than the prior year. Expenditure is dominated by revenue spending, with interest payments and major subsidies as principal components, reflecting debt servicing and subsidy burdens that constrain the Centre's fiscal space for the period. News - Fri, 31 Jul 2020 18:12:24 +0530 https://www.taxtmi.com/news?id=23002