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India Tax Revenue Analysis 2019-20

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 — 2019-20

13.57 lakh crore

Rs 13.57 lakh crore

Previous Year (2018-19)

12.36 lakh crore

Year-over-Year Change

+9.7%

Tax Revenue — 5-Year Trend

Yeartax Revenuetotal Rev Receipts
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
2019-20Rs 13.57 lakh croreRs 16.84 lakh crore

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

Budget Snapshot — 2019-20

Total Expenditure

26.86 lakh crore

Total Receipts

26.86 lakh crore

Capital Expenditure

4.27 lakh crore

Tax Revenue

13.57 lakh crore

Fiscal Deficit

4.6% of GDP

Interest Payments

6.28 lakh crore

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