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