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Informist, Monday, Jun. 1, 2026

 

--Govt Apr gross tax revenue INR 2.663 tln vs INR 2.715 tln year ago 

--Govt: Apr state tax devolution INR 878 bln vs INR 817 bln yr ago 

 

NEW DELHI – The central government's tax collections in April fell 1.9% on year to INR 2.663 trillion, mainly due to a fall in integrated goods and service tax and compensation cess mop-up, data released by the Controller General of Accounts Monday showed. The tax collection in April accounted for 6% of the Budget target of INR 44.041 trillion for the current financial year. 

In April, the central government had to pay INR 68.41 billion under integrated goods and services tax, compared to a collection of INR 310.97 billion a year ago. This pulled down the government's overall tax collection for the reported month.

 

The government also paid INR 1.87 billion in April under the GST compensation cess, against collections of INR 126.96 billion a year ago, reflecting discontinuation of the compensation cess from Feb. 1. 

 

Corporate and income tax collections remained steady in April. Corporate tax collections rose 17.4% on year to INR 251.94 billion. Income tax collections in April were 6.8% higher on year at INR 1.171 trillion. The Union Budget for 2026-27 (Apr-Mar) has projected India's direct tax collection at INR 26.97 trillion. 

The government's devolution to states during April rose 7.4% on year to INR 877.79 billion. Collection from securities transaction tax rose 8.4% on year to INR 41.05 billion in April.

 

Net tax collections in April fell 5.9% on year to INR 1.785 trillion. The Budget has projected India's net tax collections at INR 28.669 trillion. 

 

On a month-on-month basis, collections fell 56% in April as the government's collection in March was high due to advanced tax mop-up. Advance tax is filed by individuals and corporates in four instalments, in the middle of June, September, December and March.

 

On the indirect tax front, collection from central goods and services tax jumped 37.7% on year to INR 1.077 trillion. Customs and excise duty collections also rose in April, data showed.

 

The Budget has projected total tax collections for FY26 at INR 44.041 trillion, up 8% from the revised estimate for last year. Data released for FY26 on Monday showed that the government missed the revised target by INR 534 billion. 

 

Details for the central government's tax collections for April are as follows (in INR billion):

 

	April 2026	March 2026	April 2025	Year-on-year % change
Corporation Tax	251.94	2,365.78	214.61	17.4
Income Tax	1,171.07	1,831.71	1,096.26	6.8
Securities Transaction Tax	41.05	72.39	37.86	8.4
Central GST	1077.47	870.67	782.4	37.7
Union territory GST	4.38	7.41	1.19	268.1
Integrated GST	(-)68.41	19.5	310.97	--
GST compensation cess	(-)1.87	(-)0.25	126.96	--
Customs	174.24	229.44	139.34	25.0
Excise duty	4.47	633.39	(-)0.39	--
Service Tax	(-)0.84	(-)2.76	(-)0.39	--
Other taxes	9.91	21.04	5.95	66.6
Total	2,663.39	6,048.33	2,714.78	(-)1.9

 

Source: Controller General of Accounts

 

End

 

Reported by Shubham Rana and Shweta

Edited by Avishek Dutta

 

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