Monthly Review of Accounts of Union Government of India upto the month of November, 2023 for the Financial Year 2023-24

The Monthly Account of the Union Government of India upto the month of November 2023 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹17,45,583 crore (64.3% of corresponding BE 2023-24 of Total Receipts) upto November 2023 comprising ₹14,35,755 crore Tax Revenue (Net to Centre), ₹2,84,365 crore of Non-Tax Revenue and ₹25,463 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans ₹16,604 crore and Miscellaneous Capital Receipts of ₹8,859 crore. ₹6,01,366 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹50,261 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹26,52,167 crore (58.9% of corresponding BE 2023-24), out of which ₹20,66,522 crore is on Revenue Account and ₹5,85,645 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹6,07,963 crore is on account of Interest Payments and ₹2,42,756 crore is on account of Major Subsidies.