Govt aims to collect Rs 4.18 lakh cr from cess, Rs 1.72 lakh cr from surcharge in FY26

The central government anticipates increased revenue from cess and surcharges. The target is over Rs 4.18 lakh crore from cess and over Rs 1.72 lakh crore from surcharges in fiscal year 2026. These collections will fund specific needs, including centrally sponsored schemes. Currently, eight different cesses are in operation.