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Madhya Pradesh Approaches Full-Year Revenue Target after Six Months with Strong Growth Across Departments

ainewsroom kairos by ainewsroom kairos
October 13, 2026
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The Commercial Tax, Excise, and Registration and Stamps Departments have collectively achieved 94.25% of the full-year revenue target for FY 2026–27 after six months, with individual departments showing significant growth compared to the same period in the previous financial year.

Madhya Pradesh has seen a steady increase in revenue collection during the first half of the financial year 2026–27. According to departmental data, the Commercial Tax, Excise, and Registration and Stamps Departments collectively generated Rs 44,711 crore from April to September, surpassing the target of 94.25% of the stipulated total of Rs 47,439 crore.

The Commercial Tax Department made the largest contribution with a collection of Rs 28,385 crore against a target of Rs 30,686 crore, achieving 92.50% of its target and demonstrating an 8.96% increase in revenue collection compared to the corresponding period last year.

The Excise Department collected Rs 9,769 crore against its six-month revenue target of Rs 9,900 crore, achieving 98.68% of the target and registering a growth of 17.77% compared to the same period in the previous financial year.

The Registration and Stamps Department collected Rs 6,557 crore against a target of Rs 6,853 crore, achieving 95.68% of its target and registering a 13.06% increase in revenue collection compared to the corresponding period last year.

In April 2026, the three departments collectively collected Rs 7,938 crore against a target of Rs 7,411 crore, achieving 107.11% of the target and representing a year-on-year increase of 35.74%. The departments also recorded a strong performance in September 2026, jointly collecting Rs 6,676 crore against a target of Rs 6,936 crore, achieving 96.25% of the target and showing a 12.89% increase in revenue collection compared to September 2025.


Source:

MPInfo English News

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