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Tax Revenues Jump 30%, But Spending Still Outruns Income | India News

By: TOI

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A booming tax haul fuels government spending, but the fiscal gap persists as sanitation, administration and education absorb the biggest slices of the pie.

The revised budget estimate for 2025–26 shows a strong 30% surge in tax collections, pushing total income to ₹15,680 crore. Yet expenditure continues to exceed revenue, leaving only a modest closing balance as allocations rise across key public sectors.

TAX COLLECTION JUMPS 30%

Tax Collection Jump 30%

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