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"Happiness can be defined, in part at least, as the fruit of the desire and ability to sacrifice what we want now for what we want eventually" - Stephen Covey

Monday, February 23, 2026

India Tax collections

 Here are total consolidated tax revenue figures for India from the Government of India’s official budget sources:

Financial YearTotal Consolidated Tax Revenue (Gross Tax Revenue) ₹ croreNotes / Source
2023-24 (Actuals)34,37,211 croreGross Tax Revenue actual (Central Government) from Union Budget Receipt Budget 2024-25 data. (indiabudget.gov.in)
2024-25 (Budget Estimate)38,30,796 croreGross Tax Revenue estimated for FY 2024-25 in Union Budget Receipt Budget 2024-25. (indiabudget.gov.in)
2024-25 (Provisional Net Tax Receipts)30,36,000 crore (approx)Net tax receipts reported by Government (provisional actual to March 2025). (Press Information Bureau)

Clarifications

  • Gross Tax Revenue (GTR) refers to the total tax collections before deductions such as devolution to states. These figures represent the centre’s consolidated tax revenue for the entire financial year. For FY 2023-24, the actual gross tax revenue is from audited government documents. For FY 2024-25, the budget estimate reflects how much tax revenue the government expected to collect; provisional actual net tax receipts (~₹30.36 trillion / ₹30,36,000 crore) was published later. (indiabudget.gov.in)

  • Net tax receipts differ from gross tax revenue because they subtract transfers and devolutions (e.g., share given to states), while gross figures include all tax receipts collected at the central level.

  • All figures are in ₹ crore. 1 trillion = 1,00,000 crore. vē


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