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India Tax Revenue Analysis 2018-19

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 — 2018-19

12.36 lakh crore

Rs 12.36 lakh crore

Previous Year (2017-18)

11.53 lakh crore

Year-over-Year Change

+7.2%

Tax Revenue — 5-Year Trend

Yeartax Revenuetotal Rev Receipts
2014-15Rs 9.05 lakh croreRs 11.01 lakh crore
2015-16Rs 9.44 lakh croreRs 12.02 lakh crore
2016-17Rs 10.93 lakh croreRs 13.74 lakh crore
2017-18Rs 11.53 lakh croreRs 14.35 lakh crore
2018-19Rs 12.36 lakh croreRs 15.53 lakh crore

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

Budget Snapshot — 2018-19

Total Expenditure

23.15 lakh crore

Total Receipts

23.15 lakh crore

Capital Expenditure

3.17 lakh crore

Tax Revenue

12.36 lakh crore

Fiscal Deficit

3.4% of GDP

Interest Payments

5.76 lakh crore

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