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Govt received ₹1,70,501 crore in April as revenue

Govt received ₹1,70,501 crore in April as revenue
Finance1 min read
The government has received ₹1,70,501 crore for April 2023, comprising ₹1,58,901 crore tax revenue, ₹10,958 crore of non-tax revenue, and ₹642 crore of non-debt capital receipts.

Non-debt capital receipts consists of recovery of loans of Rs 592 crore and miscellaneous capital receipts of ₹9 crore.

An amount of ₹59,140 crore has been transferred to state governments as devolution of share of taxes by the Central government upto this period, which is ₹11,548 crore higher than the previous year.

Total expenditure incurred by the Centre is ₹3,04,096 crore, out of which ₹2,25,639 crore is on revenue account and ₹78,457 crore is on capital account.

Out of the total revenue expenditure, ₹47,929 crore is on account of interest payments and ₹25,161 crore is on account of major subsidies.

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