Where does India gets its money from: For every ₹1 earned

By Prakhar Sachdeo

Published July 23, 2024

CNBC-TV18.com

On the day of Union Budget here is a look of how government of India gets its money. The data is for  every ₹ 1 earned. 

Borrowings & other liabilities: 27 paisa

Income Tax: 19 paisa

GST & other taxes: 18 paisa

Corporation Tax: 17 paisa

Non-Tax Recipt: 9 paisa

Union Excise Duty: 5 paisa

Customs: 4 paisa

Non-debt capital receipt: 1 paisa