How Indian Govt. Earns

How Govt Earns 1. Borrowing and other Liabilities 35% 2. GST 16% 3. Income Tax 15% 4. Corporation Tax 15% 5. Union Excise Duties 7% 6. Customs 5% 7. Non Tax Revenue 5% 8. Non Debt Capital Receipts 2% *Where Govt Spends* 1. Interest Payments 20% 2. State's Share of Taxes and Duties 17% 3. Central Sector Schemes 15% 4. Finance Commission and other Transfers 10% 5. Centrally Sponsored Schemes 9% 6. Other Expenditures 9% 7. Defence 8% 8. Subsidies 8% 9. Pensions 4% *Source: trade.brains*