India: income and corporation tax revenue

Revenue for income and corporation taxes across state and central governments in India amounted to an estimated 8.4 trillion Indian rupees in financial year 2017. This was a tremendous increase from about 6.8 trillion rupees in fiscal year 2015. This segment of tax revenues up the highest value, followed by sales tax during the measured time period. Tax revenues totaled an estimated 26 trillion rupees in fiscal year 2017.

Income and corporation tax revenue in India from financial year 2001 to 2015, with estimates until 2017 (in billion rupees)

Characteristic	Revenue in billion rupees
FY 2017**	8,397
FY 2016*	7,446.23
FY 2015	6,872.99
FY 2014	6,325.48
FY 2013	5,531.7
FY 2012	4,873.41
FY 2001	674.6

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Release date

January 2020

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Region

India

Survey time period

FY 2001 to FY 2015

Supplementary notes

* Revised estimate ** Budget estimate

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of March 2022).

Values have been rounded for clarity.

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