Estimated composition of taxes in gross tax revenue in India FY 2023

Published by
Manya Rathore,
Aug 23, 2024
For the financial year 2023, GST or the goods and services tax is estimated to constitute 28 percent of the gross tax revenue. Customs account for eight percent of the gross tax revenue, the lowest in comparison to other types of taxes.

Estimated composition of taxes in gross tax revenue in India in financial year 2023

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Release date

January 2023

Region

India

Survey time period

FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

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