Income and Expenditure of the Government of India for 2023-24
Detailed split-up of the Income and Expenditure of the Government of India for 2023-24 Income Total Receipts : ₹27,88,872 crore Tax Revenue (Net to Centre) : ₹23,26,524 crore Gross Tax Revenue : ₹33,69,000 crore Corporation Tax : ₹9,62,000 crore (approx. 28.6% of gross tax revenue) Income Tax : ₹8,90,000 crore (approx. 26.4%) Goods & Services Tax (GST) : ₹9,56,000 crore (approx. 28.4%) Customs Duty : ₹2,13,000 crore (approx. 6.3%) Excise Duty : ₹2,31,000 crore (approx. 6.9%) Other Taxes : ₹1,17,000 crore (approx. 3.4%) States' Share in Taxes : ₹10,42,476 crore Non-Tax Revenue : ₹4,01,888 crore Sources : Dividends and Profits (RBI, PSUs): Significant portion User charges, fees, etc. Non-Debt Capital Receipts : ₹60,460 crore Recovery of Loans : ₹17,000 crore Disinvestment Proceeds : ₹43,460 crore Expenditure Total Expenditure : ₹44,42,542 crore Revenue Expenditure : ₹34,94,036 crore Interest Payments : ₹10,63,871 crore (30.4% of revenue expenditure) Subsidies...