In fiscal year 2023, the revenue earned through taxes by the federal government in India was projected to account for nearly 7.7 percent of the country's GDP. The share was expected to remain consistent in fiscal year 2024. The share of GDP constituted by the overall revenue receipts of the Indian central government was estimated to be 8.6 percent for financial year 2023.
Central government revenue receipts as percent of GDP in India in financial year 2022, with estimates for 2023 and 2024, by type
Characteristic
Tax revenue (net)
Non-tax revenue
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Reserve Bank of India. (April 6, 2023). Central government revenue receipts as percent of GDP in India in financial year 2022, with estimates for 2023 and 2024, by type [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1235221/india-central-government-revenue-receipts-as-share-of-gdp/
Reserve Bank of India. "Central government revenue receipts as percent of GDP in India in financial year 2022, with estimates for 2023 and 2024, by type." Chart. April 6, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1235221/india-central-government-revenue-receipts-as-share-of-gdp/
Reserve Bank of India. (2023). Central government revenue receipts as percent of GDP in India in financial year 2022, with estimates for 2023 and 2024, by type. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1235221/india-central-government-revenue-receipts-as-share-of-gdp/
Reserve Bank of India. "Central Government Revenue Receipts as Percent of Gdp in India in Financial Year 2022, with Estimates for 2023 and 2024, by Type." Statista, Statista Inc., 6 Apr 2023, https://www.statista.com/statistics/1235221/india-central-government-revenue-receipts-as-share-of-gdp/
Reserve Bank of India, Central government revenue receipts as percent of GDP in India in financial year 2022, with estimates for 2023 and 2024, by type Statista, https://www.statista.com/statistics/1235221/india-central-government-revenue-receipts-as-share-of-gdp/ (last visited July 22, 2024)
Central government revenue receipts as percent of GDP in India in financial year 2022, with estimates for 2023 and 2024, by type [Graph], Reserve Bank of India, April 6, 2023. [Online]. Available: https://www.statista.com/statistics/1235221/india-central-government-revenue-receipts-as-share-of-gdp/