Monthly review of accounts of Government of India upto October 2023 for the FY 2023-24

The Government of India has received 15,90,712 crore rupees (58.6% of corresponding BE 2023-24 of Total Receipts) upto October 2023 comprising 13,01,957 crore rupees Tax Revenue, 2,65,765 crore rupees of Non-Tax Revenue and 22,990 crore rupees of Non-Debt Capital Receipts.

 

Non-Debt Capital Receipts consist of Recovery of Loans of 14,990 crore rupees and Miscellaneous Capital Receipts of 8,000 crore rupees.

 

The Government of India has transferred 5,28,405 crore rupees to State Governments as Devolution of Share of



Taxes upto this period which is 93,966 crore rupees higher than the previous year.

 

Total Expenditure incurred by Government of India is 23,94,412 crore rupees (53% of corresponding BE 2023-24), out of which 18,47,488 crore rupees is on Revenue Account and 5,46,924 crore rupees is in the Capital Account.

 

Out of the Total Revenue Expenditure, 5,45,086 crore rupees is on account of Interest Payments and 2,31,694 crore rupees is on account of Major Subsidies.