CA Sansaar
FY26 Indirect Tax Revenue Slightly Exceeds Government Targets
Print
The Government of India has marginally exceeded its indirect tax collection targets for the financial year 2025–26, reflecting stable revenue performance across key tax segments. According to an official statement released on Thursday, the overall indirect tax collections have slightly surpassed the figures projected under the Revised Estimates (RE).
For FY 2025–26, the total indirect tax collection — which includes revenue from customs duty, excise duty, and Goods and Services Tax (GST) — was estimated at approximately ₹15.52 lakh crore. Among these components, customs duty contributed around ₹2.58 lakh crore, while excise duty accounted for nearly ₹3.38 lakh crore. The largest share came from Central Goods and Services Tax (CGST), which was estimated at ₹9.58 lakh crore.
Although the government has not disclosed the exact final figures, it has indicated that the actual collections have performed slightly better than expected. Customs duty collections reached approximately 102% of the Revised Estimates, indicating stronger-than-anticipated import-related revenues. Similarly, excise duty collections stood at around 101% of the target, showing steady performance in this segment.
Meanwhile, CGST collections achieved about 100.8% of the estimated figure, reflecting consistent compliance and stable domestic consumption trends.
This marginal overachievement highlights the government’s effective tax administration and improved compliance mechanisms. It also reflects resilience in economic activity, which has supported revenue generation despite global and domestic challenges. Overall, the performance of indirect tax collections in FY 2025–26 demonstrates a balanced and stable fiscal outlook.
For FY 2025–26, the total indirect tax collection — which includes revenue from customs duty, excise duty, and Goods and Services Tax (GST) — was estimated at approximately ₹15.52 lakh crore. Among these components, customs duty contributed around ₹2.58 lakh crore, while excise duty accounted for nearly ₹3.38 lakh crore. The largest share came from Central Goods and Services Tax (CGST), which was estimated at ₹9.58 lakh crore.
Although the government has not disclosed the exact final figures, it has indicated that the actual collections have performed slightly better than expected. Customs duty collections reached approximately 102% of the Revised Estimates, indicating stronger-than-anticipated import-related revenues. Similarly, excise duty collections stood at around 101% of the target, showing steady performance in this segment.
Meanwhile, CGST collections achieved about 100.8% of the estimated figure, reflecting consistent compliance and stable domestic consumption trends.
This marginal overachievement highlights the government’s effective tax administration and improved compliance mechanisms. It also reflects resilience in economic activity, which has supported revenue generation despite global and domestic challenges. Overall, the performance of indirect tax collections in FY 2025–26 demonstrates a balanced and stable fiscal outlook.
Category : Income Tax | Comments : 0 | Hits : 26
Comments