Union govt releases April 2023 accounts. See highlights here

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New Delhi (31/05/2023): The Monthly Account of the Union Government of India for the month of April 2023 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹1,70,501 crore (6.3% of corresponding BE 2023-24 of Total Receipts) for April 2023 comprising ₹1,58,901 crore Tax Revenue (Net to Centre), ₹10,958 crore of Non-Tax Revenue and ₹642 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans ₹592 crore and Miscellaneous Capital Receipts of ₹9 crore. ₹59,140 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹11,548 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹3,04,096 crore (6.8% of corresponding BE 2023-24), out of which ₹2,25,639 crore is on Revenue Account and ₹78,457 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹47,929 crore is on account of Interest Payments and ₹25,161 crore is on account of Major Subsidies.

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