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Link to original content: http://statista.com/statistics/813941/india-value-of-taxes-on-commodities-and-services/
India: value of taxes on commodities and services 2024 | Statista

Taxes on commodities and services in India FY 2013-2024

Published by
Manya Rathore,
Jul 22, 2024

In fiscal year 2024, the value of taxes on commodities and services across India was estimated to be over 33 trillion Indian rupees. In fiscal year 2022, the value of taxes on commodities and services was about 26.3 trillion Indian rupees.

Value of taxes on commodities and services in India from financial year 2013 to 2022, with estimates until 2024 (in trillion Indian rupees)

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Release date

May 2024

Region

India

Survey time period

FY 2013 to FY 2022

Supplementary notes

*Revised estimate.

**Budget estimate.

One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of July 2024).

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

Values have been rounded for clarity.

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