Monthly Review of Accounts of Government of India upto the month of July 2024 (FY2024-25)

Monthly Review of Accounts of Government of India upto the month of July 2024 (FY2024-25)

The Monthly Accounts of the Government of India upto the month of July 2024 has been consolidated and reports published. The highlights are given below: –

The Government of India has received ₹10,23,406 crore (31.9% of corresponding BE 2024-25 of Total Receipts) upto June, 2024 comprising ₹7,15,224 crore Tax Revenue (Net to Centre), ₹3,01,796 crore of Non-Tax Revenue and ₹6,386 crore of Non-Debt Capital Receipts. ₹3,66,630 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹57,109 crore higher than the previous year.

Total Expenditure incurred by Government of India is ₹13,00,351 crore (27.0% of corresponding BE 2024-25), out of which ₹10,39,091 crore is on Revenue Account and ₹2,61,260 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹3,27,887 crore is on account of Interest Payments and ₹1,25,639 crore is on account of Major Subsidies.