Union government accounts to November 2024: receipts at 59.1% of Budget Estimates
Monthly accounts released on 31 December 2024 show ₹27,41,002 crore spent in April–November 2024.
Summary
The monthly accounts of the Union Government up to November 2024 (FY 2024-25), released by the Finance Ministry on 31 December 2024, show total receipts of ₹18,94,408 crore, or 59.1% of the Budget Estimates (BE) 2024-25. Total expenditure was ₹27,41,002 crore, or 56.9% of BE, of which ₹6,58,494 crore went on interest payments and ₹5,13,500 crore was capital expenditure. The Centre transferred ₹8,12,063 crore to State Governments as devolution of their share of taxes during the period.
Key facts
- Released
- 31 December 2024, Ministry of Finance
- Period
- April–November 2024 (FY 2024-25)
- Total receipts
- ₹18,94,408 crore (59.1% of BE)
- Total expenditure
- ₹27,41,002 crore (56.9% of BE)
- Interest payments
- ₹6,58,494 crore
- Capital expenditure
- ₹5,13,500 crore
- Tax devolution to States
- ₹8,12,063 crore
Practice MCQs 2 questions
According to the Union Government accounts up to November 2024, total receipts stood at what share of the Budget Estimates 2024-25?
Show answer
Correct answer: B — 59.1%
PIB (Finance): total receipts of ₹18,94,408 crore were 59.1% of BE 2024-25; 56.9% is the expenditure share.
How much did the Centre transfer to State Governments as devolution of their share of taxes during April–November 2024?
Show answer
Correct answer: C — ₹8,12,063 crore
PIB (Finance): ₹8,12,063 crore was transferred as tax devolution; ₹6,58,494 crore was interest, ₹5,13,500 crore capital expenditure and ₹18,94,408 crore total receipts.