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India Tax Revenue Analysis 2014-15

Tax revenue is the primary source of government income, comprising direct taxes (income tax, corporate tax) and indirect taxes (GST, customs, excise). The tax-to-GDP ratio reflects the efficiency of revenue collection and the breadth of the tax base.

Tax Revenue — 2014-15

9.05 lakh crore

Rs 9.05 lakh crore

Previous Year (2013-14)

8.16 lakh crore

Year-over-Year Change

+10.9%

Tax Revenue — 5-Year Trend

Yeartax Revenuetotal Rev Receipts
2010-11Rs 5.7 lakh croreRs 7.88 lakh crore
2011-12Rs 6.3 lakh croreRs 7.52 lakh crore
2012-13Rs 7.42 lakh croreRs 8.79 lakh crore
2013-14Rs 8.16 lakh croreRs 10.56 lakh crore
2014-15Rs 9.05 lakh croreRs 11.01 lakh crore

Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.

Budget Snapshot — 2014-15

Total Expenditure

16.64 lakh crore

Total Receipts

16.64 lakh crore

Capital Expenditure

1.83 lakh crore

Tax Revenue

9.05 lakh crore

Fiscal Deficit

4.1% of GDP

Interest Payments

4.02 lakh crore

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