In black & white: Tax numbers at a glance

1. In last 10 years direct tax collections more than trebled

Return filers swelled 2.4 times

2. FY24 revised estimates total receipts other than borrowings Rs 27.56 lakh cr - of this, tax receipts Rs 23.24 lakh cr

3. Budget estimates FY25: Total receipts other than borrowings estimated at Rs 30.80 lakh cr of this, tax receipts estimated at Rs 26.02 lakh cr

4. Faster refunds: Average processing time of returns now 10 days; it was 93 days in FY14

Tax buoyancy has risen from 0.72 (2012-16) to 1.22 in the post-GST period (2017-23)

5. Positive sentiment about GST 94% industry leaders view transition to gst as largely positive

80 % respondents feel GST has led to supplychain optimisation (as per a survey conducted by a leading consulting firm)