Source of Tax Revenue

Table 2.3 Sources of Tax Revenue
1990-91
 1996-97
 1997-98
 1998-99
 99-2000
 2000-01
 2001-02
 2002-03
PU Budget Estimates
(Rs. Crore)
Direct(a) 11024 38891 48274 46600 57958 68305 69077 91585
PIT 5371 18231 21097 20240 25654 31764 31995 42524
CIT 5335 18567 20016 24529 30692 35696 36499 48616
Indirect(b) 45158 88918 89741 95871 112450 118681 116221
 142652
Customs
 20644
 42851
 40193
 40668
 48420
 47542
 40401
 45193
Excise
 24514
 45008
 47962
 53246
 61902
 68526
 72519
 91433
Gross tax revenue #
 57576
 128762
 139221
 143797
 171752
 188604
 187000
 235800
Tax revenue as a percentage of gross tax revenue
Direct(a)
 19.1
 30.2
 34.7
 32.4
 33.7
 36.2
 36.9
 38.8
PIT
 9.3
 14.2
 12.3
 14.1
 14.9
 16.8
 17.1
 18.0
CIT
 9.3
 14.0
 14.4
 17.1
 17.9
 18.9
 19.5
 20.6
Indirect(b)
 78.4
 69.1
 64.5
 66.7
 65.5
 62.9
 62.2
 60.5
Customs
 35.9
 33.3
 28.9
 28.3
 28.2
 25.2
 21.6
 19.2
Excise
 42.6
 35.0
 34.5
 37.0
 36.0
 36.3
 38.8
 38.8
Tax revenue as a percentage of Gross Domestic Product*
Direct(a)
 1.9
 2.8
 3.2
 2.7
 3.0
 3.2
 3.0
 3.7
PIT
 0.9
 1.3
 1.1
 1.2
 1.3
 1.5
 1.4
 1.7
CIT
 0.9
 1.4
 1.3
 1.4
 1.6
 1.7
 1.6
 2.0
Indirect(b)
 7.9
 6.5
 5.9
 5.5
 5.8
 5.6
 5.1
 5.8
Customs
 3.6
 3.1
 2.6
 2.3
 2.5
 2.3
 1.8
 1.8
Excise
 4.3
 3.3
 3.2
 3.1
 3.2
 3.3
 3.2
 3.7
Total
 10.1
 9.4
 9.1
 8.3
 8.9
 9.0
 8.1
 9.6

PIT : Personal Income tax
CIT : Corporation tax
Note :

(a) also includes taxes pertaining to expenditure, interest, wealth, gift estate
duty and VDIS for 1997-98 & 1998-99
(b) also includes service tax;
# : includes taxes referred in (a) & (b) and taxes of Union Territories and
"other" taxes. Tax revenue figures for 2002-03 are budget estimates, and
for 2000-01 and earlier years these are actuals.
PU : Based on Provisional unaudited figures as per Controller General of
Accounts.
* : Refers to Gross Domestic Product at current market prices
@ : The ratio to GDP for 2002-03 (BE) are based on CSO's Advance
Estimates released in February, 2003.

Source : Budget Documents.
 
 
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