India Tax Revenue Analysis 2020-21
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 — 2020-21
13.64 lakh crore
Rs 13.64 lakh crore
Previous Year (2019-20)
13.57 lakh crore
Year-over-Year Change
+0.5%
Tax Revenue — 5-Year Trend
| Year | tax Revenue | total Rev Receipts |
|---|---|---|
| 2016-17 | Rs 10.93 lakh crore | Rs 13.74 lakh crore |
| 2017-18 | Rs 11.53 lakh crore | Rs 14.35 lakh crore |
| 2018-19 | Rs 12.36 lakh crore | Rs 15.53 lakh crore |
| 2019-20 | Rs 13.57 lakh crore | Rs 16.84 lakh crore |
| 2020-21 | Rs 13.64 lakh crore | Rs 16.34 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2020-21
Total Expenditure
31.54 lakh crore
Total Receipts
32.77 lakh crore
Capital Expenditure
5.05 lakh crore
Tax Revenue
13.64 lakh crore
Fiscal Deficit
9.2% of GDP
Interest Payments
7.06 lakh crore