SINGAPORE, Sept. 3 -- Singapore's tax revenue jumped 9.4 per cent to S$97.3 billion (RM310 billion) in the 2025/26 financial year, driven by stronger economic activity and consumer spending, according to official figures.

The total collected by the Inland Revenue Authority of Singapore (IRAS) accounted for nearly three-quarters of the government's operating revenue and was equivalent to 12.3 per cent of the country's GDP, Singapore-based media organisation CNA reported.

Corporate income tax remained the single biggest source of revenue, rising to S$34.4 billion from S$30.9 billion a year earlier. It accounted for 35.4 per cent of the overall tax take.

Goods and Services Tax was the second-largest contributor, generating S$21.7 billion,...