Next, know about the Consolidated Fund of IndiaIt... ... Budget 2022 Live: Digital Rupee To Be Launched By RBI In FY23

Next, know about the Consolidated Fund of India

It is one of three accounts in the government's Annual Financial Statement (AFS), one of the documents presented during the budget, the other two being the Contingency Fund of India, and the Public Fund. It is the most important account in the AFS.

The Consolidated Fund of India is the main account of the Government of India, where the government receives all tax revenues, proceeds from asset sales and dividends from public-sector undertakings. It is also the fund from where the government undertakes all its expenditure like public spending, social security programs and investments.