The Union government appears poised to meet or even surpass the revised estimate for gross tax revenues (GTR) for the current financial year, going by the data till January-end. Collections for the April-January period showed positive momentum, with GTR registering an impressive 8.6% year-on-year (YoY) growth. This places the government in a comfortable position, as only a modest 2.95% YoY growth is required over the remaining two months (February-March) to achieve the RE for FY26.