The Delhi government's revenue from non-Goods and Service Tax (GST) sources has exceeded revised estimates in the 2025-26 financial year, driven by strong contributions from stamp duty, excise, and taxes on vehicles.
Actual collections reached ₹916.92 crore, achieving 107.87% of the revised estimate, surpassing the initial budget of ₹750 crore and revised estimate of ₹850 crore.
Stamp duty and registration fees, which includes land revenue, marginally surpassed targets, with collections standing at ₹9,119.72 crore, translating to 101.33% achievement.
However, broader tax collections presented a mixed picture, with GST falling short of expectations, and Value Added Tax (VAT) underperforming due to possible moderation in consumption or compliance levels.
Revenue from state excise, primarily driven by liquor sales, registered robust growth, achieving 103.44% of the target, while taxes on vehicles also fared better.