India General Government Revenue, USD Billions. Units: National currency. Multiplier: Billions. Estimates begin after 2015 . This data is sourced from www.opendataforafrica.org where it is offered under an open data licence (www.opendataforafrica.org/legal/termsofuse). Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance or Treasury. and IMF staff calculations Latest actual data: 2014/15. State Level data arrive with significantly longer lag than Central data. Fiscal assumptions: Historical data are based on budgetary execution data. Projections are based on available information on the authorities? fiscal plans, with adjustments for IMF staff assumptions. Subnational data are incorporated with a lag of up to two years; general go Start/end months of reporting year: April/March. The original data from the authority is on FY (Apr/Mar) basis. GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government;State Government;. This is according to the authorities' account standards. Valuation of public debt: Nominal value. Authorities debt figures often Primary domestic currency: Indian rupee Data last updated: 09/2016.