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Home News News and Press Release Month 7 2020 2020 (7) This

Monthly Review of Accounts of Union Government of India upto the month of Jun, 2020 for the Financial Year 2020-21

31-7-2020
  • Contents

The Monthly Account of the Union Government of India upto the month of Jun, 2020 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 1,53,581 crore (6.84% of corresponding  BE 2020-21 of Total Receipts) upto Jun, 2020 comprising ₹ 1,34,822 crore Tax Revenue (Net to Centre),  ₹ 15,186 crore of  Non Tax Revenue and ₹ 3,573 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 3,573 crore)

₹ 1,34,043 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 14,588 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 8,15,944 crore (26.82% of corresponding BE 2020-21), out of which ₹ 7,27,671 crore  is on Revenue Account and ₹ 88,273 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 1,60,493 crore is on account of Interest Payments and ₹ 78,964 crore is on account of Major Subsidies.

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