India Tax Revenue Analysis 2024-25
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 — 2024-25
25.05 lakh crore
Rs 25.05 lakh crore
Previous Year (2023-24)
21.53 lakh crore
Year-over-Year Change
+16.4%
Tax Revenue — 5-Year Trend
| Year | tax Revenue | total Rev Receipts |
|---|---|---|
| 2020-21 | Rs 13.64 lakh crore | Rs 16.34 lakh crore |
| 2021-22 | Rs 16.89 lakh crore | Rs 20.73 lakh crore |
| 2022-23 | Rs 19.22 lakh crore | Rs 23.84 lakh crore |
| 2023-24 | Rs 21.53 lakh crore | Rs 26.64 lakh crore |
| 2024-25 | Rs 25.05 lakh crore | Rs 31.02 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2024-25
Total Expenditure
46.33 lakh crore
Total Receipts
46.33 lakh crore
Capital Expenditure
10.68 lakh crore
Tax Revenue
25.05 lakh crore
Fiscal Deficit
4.8% of GDP
Interest Payments
10.84 lakh crore