New Delhi, February 6, 2025 – India’s indirect tax revenue is expected to grow by 8.3%, while corporate tax collections are projected to rise by 10.4% in FY26, driven by strong economic growth and improved compliance. Key sectors such as manufacturing, services, and consumption are likely to contribute significantly to the growth in tax receipts.
The report also credits policy reforms and digital tax administration for improving collection efficiency. While the government is on track to meet its revenue targets, external economic factors and global trade conditions could impact actual tax receipts in the coming months.
