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India Tax Revenue Analysis 2025-26

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 — 2025-26

26.7 lakh crore

Rs 26.7 lakh crore

Previous Year (2024-25)

25.05 lakh crore

Year-over-Year Change

+6.6%

Tax Revenue — 5-Year Trend

Yeartax Revenuetotal Rev Receipts
2021-22Rs 16.89 lakh croreRs 20.73 lakh crore
2022-23Rs 19.22 lakh croreRs 23.84 lakh crore
2023-24Rs 21.53 lakh croreRs 26.64 lakh crore
2024-25Rs 25.05 lakh croreRs 31.02 lakh crore
2025-26Rs 26.7 lakh croreRs 32.95 lakh crore

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

Budget Snapshot — 2025-26

Total Expenditure

49.63 lakh crore

Total Receipts

49.63 lakh crore

Capital Expenditure

10.97 lakh crore

Tax Revenue

26.7 lakh crore

Fiscal Deficit

4.4% of GDP

Interest Payments

12.73 lakh crore

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