Federal government earnings GDP contribution India FY 2021-2023, by type

Published by
Manya Rathore
,
Aug 26, 2024

In fiscal year 2024, the revenue earned through taxes by the federal government in India was projected to account for nearly 7.9 percent of the country's GDP. The share was expected to remain consistent in fiscal year 2025. The overall revenue receipts of the Indian central government were estimated to be 9.2 percent of GDP for the financial year 2024.

Central government revenue receipts as percent of GDP in India from financial year 2021 to 2023, with estimates for 2024 and 2025, by type

CharacteristicTax revenue (net)Non-tax revenue
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Showing entries 1 to 5 (5 entries in total)
Statistic: Central government revenue receipts as percent of GDP in India from financial year 2021 to 2023, with estimates for 2024 and 2025, by type

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Release date

April 2024

Region

India

Survey time period

FY 2021 to FY 2023

Supplementary notes

*Revised estimate
**Budget estimate

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

Previous reports have been accessed for historical data.

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