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Govt's tax revenue to reach Rs 28.2T in FY26: Report
The Business Guardian
|January 25, 2025
The government's tax collections are expected to remain healthy in the financial year 2025-26 (FY26), according to a report by CareEdge Ratings.
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Gross tax revenue is projected to grow by 10.4 per cent, slightly higher than the estimated nominal GDP growth of 10.3 per cent. This would result in a tax buoyancy of 1 for the year.
It said "Tax Collections to Remain Healthy in FY26, Gross tax revenue is expected to grow by 10.4 per cent, marginally higher than expected nominal GDP growth of 10.3 per cent in FY26".
The report highlighted that direct tax collections may grow at a slower pace in FY26 due to lower income tax collections, likely caused by potential tax relief measures.
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FLERE HISTORIER FRA The Business Guardian
The Business Guardian
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