Key Highlights of Union Budget 2023-24: Revised Estimates Vs Budget Estimates: PART E

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PART E

Revised Estimates 2022-23

• The total receipts other than borrowings is Rs 24.3 lakh crore, of which the net tax receipts are Rs 20.9 lakh crore.

• The total expenditure is Rs 41.9 lakh crore, of which the capital expenditure is about Rs 7.3 lakh crore.

• The fiscal deficit is 6.4 per cent of GDP, adhering to the Budget Estimate.

Budget Estimates 2023-24

• The total receipts other than borrowings is estimated at Rs 27.2 lakh crore and the total expenditure is estimated at Rs 45 lakh crore.

• The net tax receipts are estimated at Rs 23.3 lakh crore.

• The fiscal deficit is estimated to be 5.9 per cent of GDP.

• To finance the fiscal deficit in 2023-24, the net market borrowings from dated securities are estimated at Rs 11.8 lakh crore.

• The gross market borrowings are estimated at Rs 15.4 lakh crore.