india: India’s gross tax receipts for 2021/22 estimated at over $356 billion – official

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India’s gross federal tax collections rose to 27.07 trillion rupees ($356.82 billion) in 2021/22 monetary 12 months ending in March, a prime finance ministry official instructed reporters on Friday, surpassing the revised goal by a large margin.

In February, Nirmala Sitharaman, India‘s finance minister had upwardly revised the tax receipts’ goal to 25.16 trillion rupees from earlier estimate of twenty-two.17 trillion rupees for the 2021/22 monetary 12 months.

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