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Centre's gross tax receipts rise 2.8% in H1FY26
Financial Express Delhi
|November 01, 2025
THE CENTRE'S GROSS tax revenue (before devolution to states) grew by asubdued 2.8% to ₹18.65 lakh crore in the first half of FY26, dragged down by lacklustre performance in both direct and indirect taxes.
This pace falls well short of the 12.5% annual growth required to meet the FY26 target of ₹42.7 lakh crore.
Corporate tax collections inched up just 1% to ₹4.7 lakh crore, far below the 10% growth needed to reach the full-year goal of ₹10.82 lakh crore.
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