Try GOLD - Free
Gross tax receipts
Financial Express Hyderabad
|July 01, 2025
DURING THE FIRST two months of FY26, the Centre's net tax revenues after devolution to the state governments grew by 10% to ₹3.5 lakh crore, while non-tax revenues surged by 41.8% on-year to ₹3.6 lakh crore.
-
The net tax revenue is targeted to grow 13.5% in FY26.
During the first two months of the current fiscal, revenue expenditure increased by 9.4% to ₹5.2 lakh crore, while capital expenditure surged by 54% on-year to ₹2.2 lakh crore due to election-induced low base last year.
This story is from the July 01, 2025 edition of Financial Express Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Hyderabad
Financial Express Hyderabad
Trump warns of major escalation
US PRESIDENT DONALD Trump vowed to retain military assets in West Asia until a peace deal with Iran is reached and warned of a major escalation in fighting if it failed to comply, as oil prices rose on concerns over supply and restrictions in the Strait of Hormuz.
1 min
April 10, 2026
Financial Express Hyderabad
FY26 general insurance premium increases 9%
THE NON-LIFE INSURANCE industry closed fiscal 2026 with a 9% year-on-year increase in gross direct premium income at %3.36 lakh crore, aided by strong traction in the health insurance segment after the GST rate cut.
1 min
April 10, 2026
Financial Express Hyderabad
Reforms help India weather crises
STRONG GROWTH ENABLED NEW DELHI TO WITHSTAND GLOBAL SHOCKS, SAYS DAS
1 mins
April 10, 2026
Financial Express Hyderabad
Modi announces six guarantees for Bengal
PRIME MINISTER NARENDRA Modi on Thursday sharpened the BJP’s poll pitch in West Bengal, bringing “industrial decay” and “infiltration menace” to the forefront of his campaign discourse while offering a “six-point guarantee” to the people as an antidote to the “sins” committed by the Mamata Banerjee-led TMC dispensation.
1 min
April 10, 2026
Financial Express Hyderabad
Quick deliveries enter construction supply as startups tap time-critical demand
QUICK COMMERCE
2 mins
April 10, 2026
Financial Express Hyderabad
Banking system liquidity climbs to four-year high
GOVERNMENT SPENDING AND maturing government securities have boosted the banking system liquidity, which has touched a four-year high, said market participants.
1 mins
April 10, 2026
Financial Express Hyderabad
Rethinking the agency compensation model
AS BUDGETS TIGHTEN, BRANDS ARE PUSHING FOR REMUNERATION BASED ON OUTCOMES, MOVING AWAY FROM BILLABLE HOURS
3 mins
April 10, 2026
Financial Express Hyderabad
RBI mulls checks to curb digital fraud
Proposals include lagged credit for authorised push payments and a control or kill switch for digital payments
1 min
April 10, 2026
Financial Express Hyderabad
Lead petitioner exits Jindal Poly Films class action suit
INDIA'S FIRST CLASS action lawsuit saw a turn of events as the lead petitioner, Ankit Jain, sold his stake in Jindal Poly Films and thus, no longer has the legal standing to be a part of the minority shareholders
1 mins
April 10, 2026
Financial Express Hyderabad
Mercedes logs record sales
MERCEDES-BENZ INDIA POSTED its best-ever annual performance in FY26, retailing 19,363 vehicles, a 2% year-on-year increase, driven by strong demand for top-end luxury models and electric vehicles.
1 min
April 10, 2026
Listen
Translate
Change font size
