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New Delhi : The Monthly Account of the Union Government of India (GOI) for the month of April 2018 has been consolidated and reports published. The Government of India has received Rs 71,450 crore during April 2018 comprising Rs 57,533 crore Tax Revenue (Net to Centre), Rs 13,124 crore of Non Tax Revenue and Rs793 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs 359 crore) and Disinvestment of PSUs (Rs 434 crore).
Rs 55,789 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India in this period which is Rs 7,611 crore higher than the corresponding period of last year 2017-18, according to a PIB release.
The total expenditure incurred by Government of India is Rs 2,23,417 crore of which Rs 1,76,714 crore is on Revenue Account and Rs 46,703 crore is on Capital Account. Out of the total Revenue Expenditure, Rs.15,618 crore is on account of Interest Payments and Rs 58,136 crore is on account of Major Subsidies.
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