| Cutoff | Comparison cutoff | Financial year | Cohort | Flow | Category | Amount |
|---|---|---|---|---|---|---|
| 14 October 2026 | 14 October 2025 | FY 2025-26 | Comparable prior-year window | Refunds | Total direct taxes | ₹2.13 trillion (₹2.13 lakh crore) · $22.8 billion |
| 14 October 2026 | 14 October 2025 | FY 2025-26 | Comparable prior-year window | Net | Corporate tax | ₹4.97 trillion (₹4.97 lakh crore) · $53 billion |
| 14 October 2026 | 14 October 2025 | FY 2025-26 | Comparable prior-year window | Net | Non-corporate tax | ₹6.54 trillion (₹6.54 lakh crore) · $69.8 billion |
| 14 October 2026 | 14 October 2025 | FY 2025-26 | Comparable prior-year window | Net | Securities transaction tax | ₹309.02 billion (₹30,902 crore) · $3.3 billion |
| 14 October 2026 | 14 October 2025 | FY 2025-26 | Comparable prior-year window | Net | Other taxes | ₹2.82 billion (₹282 crore) · $30.1 million |
| 14 October 2026 | 14 October 2025 | FY 2025-26 | Comparable prior-year window | Net | Total direct taxes | ₹11.82 trillion (₹11.82 lakh crore) · $126 billion |
Public finance in India
Central-government accounts, and direct-tax collections. Receipts, refunds and net tax retain their separate monthly or cumulative reporting windows.
Direct taxes
Full series: Direct-tax collections
Direct-tax collections
Data through
Net direct-tax receipts totalled ₹13.38 trillion
Receipts after refunds, cumulative from April. Prior-year comparisons use the same dated window.
Net direct taxes
INR crore
Showing 6 of 8 observations, including the smallest and largest reported values. Full series and every observation
- 17 June 2025, FY 2025-2617 June 2025₹4.54 trillion$48.5 billion
- 10 August 2026, FY 2026-2710 August 2026₹8.11 trillion$86.6 billion
- 17 September 2026, FY 2026-2717 September 2026₹12.12 trillion$129 billion
- 17 September 2025, FY 2025-2617 September 2025₹10.73 trillion$115 billion
- 14 October 2026, FY 2026-2714 October 2026₹13.38 trillion$143 billion
- 14 October 2025, FY 2025-2614 October 2025₹11.82 trillion$126 billion
0
14 October 2026
Cumulative financial-year-to-date collections at exact published cutoffs and the source’s prior-year comparison. These are not monthly tax flows. Gross, refunds and net are related measures, not additive totals.
FX as of 11 November 2026: ₹93.69 per US dollar.
Source: Central Board of Direct Taxes
Chart notes
Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.
data.indiadispatch.com
Gross direct taxes
INR crore
Showing 6 of 8 observations, including the smallest and largest reported values. Full series and every observation
- 17 June 2025, FY 2025-2617 June 2025₹5.42 trillion$57.9 billion
- 10 August 2026, FY 2026-2710 August 2026₹9.55 trillion$102 billion
- 17 September 2026, FY 2026-2717 September 2026₹14.32 trillion$153 billion
- 17 September 2025, FY 2025-2617 September 2025₹12.44 trillion$133 billion
- 14 October 2026, FY 2026-2714 October 2026₹16.03 trillion$171 billion
- 14 October 2025, FY 2025-2614 October 2025₹13.95 trillion$149 billion
0
14 October 2026
Cumulative financial-year-to-date collections at exact published cutoffs and the source’s prior-year comparison. These are not monthly tax flows. Gross, refunds and net are related measures, not additive totals.
FX as of 11 November 2026: ₹93.69 per US dollar.
Source: Central Board of Direct Taxes
Chart notes
Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.
data.indiadispatch.com
Direct-tax refunds
Open this graph to compare its published observations. Read every source observation in the full data tables.
Source notes
Only published observations are shown. Missing periods are not zero and have not been interpolated.
Non-corporate taxes include individuals, HUFs, firms and other non-corporate assessees. they are not personal income tax alone.
These are cumulative financial-year-to-date collections at published cut-offs, not monthly flows. Other-tax net adjustments may be negative.
Non-corporate tax includes individuals, Hindu undivided families, firms and other non-corporate assessees. It is not personal income tax alone. Negative other-tax net adjustments are retained.
Published cutoffs are cumulative from April, not monthly flows. Prior-year comparisons cover the same dated window.
Display conversions use ECB reference via Frankfurter: $1 = ₹93.69 on 11 November 2026. Historical observations use this same dated reference, not historical exchange rates. The separately published FBIL benchmark is not the conversion reference.
Publication cadence: Published financial-year-to-date cutoffs.
Full history, published components and source notes · Download CSV
Source: Central Board of Direct Taxes, India Dispatch Research
Government accounts
Full series: Central-government capital spending
Central capital spending reached ₹6.55 trillion (₹6.55 lakh crore) ($69.9 billion) from April through September 2026
53.6% of the full-year budget, +1.8 points against the same stage a year earlier.
Central government accounts, 2026-27
| Item | Actual | Budget estimate | Used | Same point last year |
|---|---|---|---|---|
| Revenue receipts | ₹17.57 trillion (₹17.57 lakh crore)$188 billion | ₹35.33 trillion (₹35.33 lakh crore)$377 billion | 49.7% | 49.6% |
| Tax revenue (net) | ₹12.76 trillion (₹12.76 lakh crore)$136 billion | ₹28.67 trillion (₹28.67 lakh crore)$306 billion | 44.5% | 43.3% |
| Non-tax revenue | ₹4.81 trillion (₹4.81 lakh crore)$51.3 billion | ₹6.66 trillion (₹6.66 lakh crore)$71.1 billion | 72.2% | 79.9% |
| Revenue expenditure | ₹18.95 trillion (₹18.95 lakh crore)$202 billion | ₹41.25 trillion (₹41.25 lakh crore)$440 billion | 45.9% | 43.7% |
| Capital expenditure | ₹6.55 trillion (₹6.55 lakh crore)$69.9 billion | ₹12.22 trillion (₹12.22 lakh crore)$130 billion | 53.6% | 51.8% |
| Total expenditure | ₹25.5 trillion (₹25.5 lakh crore)$272 billion | ₹53.47 trillion (₹53.47 lakh crore)$571 billion | 47.7% | 45.5% |
| Fiscal deficit | ₹7.14 trillion (₹7.14 lakh crore)$76.3 billion | ₹16.96 trillion (₹16.96 lakh crore)$181 billion | 42.1% | 36.5% |
data.indiadispatch.com
Source: Controller General of Accounts, India Dispatch Research
Goods and services tax
Full series: Goods and services tax
Net revenue was ₹2.03 trillion (₹2.03 lakh crore) ($21.7 billion) in October 2026
Gross revenue was ₹2.31 trillion (₹2.31 lakh crore) ($24.7 billion) before ₹279.34 billion (₹27,934 crore) ($2.98 billion) of refunds.
Terms in this reading
- GST
- Goods and services tax, India’s tax on supplies of goods and services. Gross collections are measured before refunds. Net collections deduct refunds. Definition and conventions
Monthly gross GST revenue
Gross GST revenue₹2.31 trillion$24.7 billion
October 2026
Monthly gross GST revenue: 31 observations shown, from April 2024 through October 2026.
| Period | Value in Indian rupees | US dollar equivalent at the site’s dated reference rate |
|---|---|---|
| April 2024 | ₹2.1 trillion | $22.4 billion |
| May 2024 | ₹1.73 trillion | $18.4 billion |
| June 2024 | ₹1.74 trillion | $18.6 billion |
| July 2024 | ₹1.82 trillion | $19.4 billion |
| August 2024 | ₹1.75 trillion | $18.7 billion |
| September 2024 | ₹1.73 trillion | $18.5 billion |
| October 2024 | ₹1.87 trillion | $20 billion |
| November 2024 | ₹1.82 trillion | $19.5 billion |
| December 2024 | ₹1.77 trillion | $18.9 billion |
| January 2025 | ₹1.96 trillion | $20.9 billion |
| February 2025 | ₹1.84 trillion | $19.6 billion |
| March 2025 | ₹1.96 trillion | $20.9 billion |
| April 2025 | ₹2.37 trillion | $25.3 billion |
| May 2025 | ₹2.01 trillion | $21.5 billion |
| June 2025 | ₹1.85 trillion | $19.7 billion |
| July 2025 | ₹1.96 trillion | $20.9 billion |
| August 2025 | ₹1.86 trillion | $19.9 billion |
| September 2025 | ₹1.89 trillion | $20.2 billion |
| October 2025 | ₹1.96 trillion | $20.9 billion |
| November 2025 | ₹1.75 trillion | $18.7 billion |
| December 2025 | ₹1.79 trillion | $19.1 billion |
| January 2026 | ₹1.99 trillion | $21.3 billion |
| February 2026 | ₹1.89 trillion | $20.2 billion |
| March 2026 | ₹2 trillion | $21.4 billion |
| April 2026 | ₹2.43 trillion | $25.9 billion |
| May 2026 | ₹1.94 trillion | $20.7 billion |
| June 2026 | ₹1.95 trillion | $20.8 billion |
| July 2026 | ₹2.11 trillion | $22.5 billion |
| August 2026 | ₹2 trillion | $21.3 billion |
| September 2026 | ₹2.04 trillion | $21.7 billion |
| October 2026 | ₹2.31 trillion | $24.7 billion |
data.indiadispatch.com
Monthly net GST revenue
Net GST revenue₹2.03 trillion$21.7 billion
October 2026
Monthly net GST revenue: 31 observations shown, from April 2024 through October 2026.
| Period | Value in Indian rupees | US dollar equivalent at the site’s dated reference rate |
|---|---|---|
| April 2024 | ₹1.92 trillion | $20.5 billion |
| May 2024 | ₹1.44 trillion | $15.4 billion |
| June 2024 | ₹1.54 trillion | $16.4 billion |
| July 2024 | ₹1.66 trillion | $17.7 billion |
| August 2024 | ₹1.51 trillion | $16.1 billion |
| September 2024 | ₹1.53 trillion | $16.3 billion |
| October 2024 | ₹1.68 trillion | $17.9 billion |
| November 2024 | ₹1.63 trillion | $17.4 billion |
| December 2024 | ₹1.54 trillion | $16.5 billion |
| January 2025 | ₹1.72 trillion | $18.3 billion |
| February 2025 | ₹1.63 trillion | $17.4 billion |
| March 2025 | ₹1.77 trillion | $18.8 billion |
| April 2025 | ₹2.09 trillion | $22.3 billion |
| May 2025 | ₹1.74 trillion | $18.6 billion |
| June 2025 | ₹1.59 trillion | $17 billion |
| July 2025 | ₹1.69 trillion | $18 billion |
| August 2025 | ₹1.67 trillion | $17.8 billion |
| September 2025 | ₹1.6 trillion | $17.1 billion |
| October 2025 | ₹1.69 trillion | $18 billion |
| November 2025 | ₹1.56 trillion | $16.7 billion |
| December 2025 | ₹1.5 trillion | $16 billion |
| January 2026 | ₹1.76 trillion | $18.8 billion |
| February 2026 | ₹1.66 trillion | $17.7 billion |
| March 2026 | ₹1.78 trillion | $19 billion |
| April 2026 | ₹2.11 trillion | $22.5 billion |
| May 2026 | ₹1.67 trillion | $17.8 billion |
| June 2026 | ₹1.62 trillion | $17.3 billion |
| July 2026 | ₹1.81 trillion | $19.3 billion |
| August 2026 | ₹1.68 trillion | $17.9 billion |
| September 2026 | ₹1.77 trillion | $18.8 billion |
| October 2026 | ₹2.03 trillion | $21.7 billion |
data.indiadispatch.com
Source: Goods and Services Tax Network, India Dispatch Research
Annual accounts
Full series: Annual central-government accounts
Capital spending grew 4.1 times from 2017-18 to 2025-26
Completed-year capital expenditure rose from ₹2.64 trillion (₹2.64 lakh crore) ($28.1 billion) to ₹10.69 trillion (₹10.69 lakh crore) ($114 billion).
Central government capital expenditure
Capital expenditure₹10.69 trillion$114 billion
2025-26
Central government capital expenditure: 9 observations shown, from 2017-18 through 2025-26.
| Period | Value in Indian rupees | US dollar equivalent at the site’s dated reference rate |
|---|---|---|
| 2017-18 | ₹2.64 trillion | $28.1 billion |
| 2018-19 | ₹3.03 trillion | $32.3 billion |
| 2019-20 | ₹3.37 trillion | $35.9 billion |
| 2020-21 | ₹4.25 trillion | $45.3 billion |
| 2021-22 | ₹5.93 trillion | $63.3 billion |
| 2022-23 | ₹7.36 trillion | $78.6 billion |
| 2023-24 | ₹9.49 trillion | $101 billion |
| 2024-25 | ₹10.52 trillion | $112 billion |
| 2025-26 | ₹10.69 trillion | $114 billion |
data.indiadispatch.com
Source: Controller General of Accounts, India Dispatch Research