Delhi Government Sees Significant Revenue Growth Without GST

The Delhi government has reported a significant increase in revenue for the fiscal year 2025-26, primarily driven by non-GST sources such as stamp duty and excise taxes. This growth has exceeded revised targets, showcasing effective strategies and clear policy guidelines. While GST and VAT collections fell short of expectations, the government remains optimistic, setting ambitious revenue goals for the next fiscal year. Explore the details of this financial success and the departments contributing to it.

By Narendra Chaudhary May 4, 2026, 00:00 IST

Delhi's Revenue Surge: A Positive Shift

The Delhi government's financial outlook has taken a promising turn compared to last year. While Goods and Services Tax (GST) is typically the primary source of revenue for any state, this time, the Delhi administration has excelled in generating non-GST revenue. According to data released by officials on Sunday, the earnings from stamp duty, excise, and vehicle registration fees for the fiscal year 2025-26 have surpassed revised targets.

Factors Behind Revenue Increase

Officials attribute this revenue growth to targeted strategies and clear policy guidelines implemented over the past year. The budget estimates for the fiscal year 2025-26 set ambitious targets of ₹9,000 crore for stamp duty, ₹7,000 crore for excise, and ₹3,700 crore for vehicle registration. Although the revised estimates later adjusted the excise and vehicle tax targets downward, the actual collections exceeded these revised figures.

Top Three Revenue-Generating Departments

Three departments have notably contributed to this revenue boost:

Stamp Duty: The government collected ₹9,119.72 crore, achieving 101% of the revised target.

Excise Tax: By March, the revenue from excise duties reached ₹6,206 crore, surpassing the revised target by 103%, the highest among all categories.

Vehicle Registration Fees: The government earned ₹3,245 crore from vehicle taxes, also exceeding the revised target of ₹3,200 crore by 101%.

GST and VAT Performance

In contrast to the surge in non-GST revenue, the figures for GST and VAT fell slightly short of expectations. The actual GST collection for the Delhi government was ₹36,629.54 crore, while the revised target was ₹40,000 crore. VAT collection stood at ₹7,148.52 crore, which was below the target of ₹7,500 crore.

Ambitious Targets for Next Year

Encouraged by this impressive performance, the Delhi government has set even higher targets for the upcoming fiscal year 2026-27. According to officials, the new budget estimates aim to raise ₹11,000 crore from stamp duty, ₹7,200 crore from excise, and ₹3,800 crore from vehicle taxes.