The government has received Rs 20,39,728 crore up to February 2023 comprising Rs 17,32,193 crore in terms of tax revenue, Rs 2,48,635 crore of non-tax revenue and Rs 58,900 crore of non-debt capital receipts, according to the monthly review of Centre's accounts till February 2023 for 2022-23.
Meanwhile, total expenditure incurred by the government stood at Rs 34,93,590 crore, out of which Rs 29,03,363 crore was on revenue account and Rs 5,90,227 crore on capital account.
Out of the total revenue expenditure, Rs 7,98,957 crore was on account of interest payments and Rs 4,59,547 crore was on account of major subsidies.
The government's non-debt capital receipts consisted of recovery of loans of Rs 20,229 crore and miscellaneous capital receipts of Rs 38,671 crore.
At the same time, Rs 8,08,088 crore has been transferred to state governments as devolution of share of taxes by the Central government up to this period which is Rs 20,266 crore higher than the previous year.
Taxes to come to govt's aid, achieve 6.4% fiscal deficit goal for FY23
Govt controls under data protection bill to hit data centre investment: ITI
Buoyant tax collections cushion govt on fiscal front; ITR reforms likely
Capital gains tax should be rationalised; need simpler ITR form: Experts
Centre may introduce changes to capital gains tax rules, says report
First stock of eggs imported from India sold in Sri Lankan market
President's Shimla holiday resort The Retreat opens for public from Apr 23
SC dismisses PIL seeking declaration of all animals as legal entities
India on track to achieve $2 trillion exports by 2030: Piyush Goyal
Govt directs retailers not to keep 'unseasonable' profit margin on tur dal
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)