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The details of total Direct Tax and Indirect Tax collected over the last three years along with the different component-wise are as under:
Direct Tax
|
|
|
|
(Rs. in crore) |
| Financial Year |
Corporation Tax |
Taxes on Income |
Total |
| 2015-16 |
453228 |
288717 |
741945 |
| 2016-17 |
484924 |
346789 |
849713 |
| 2017-18* |
571202 |
431539 |
1002741 |
*provisional
Indirect Tax
(Rs. in crore)
| Financial Year |
Customs Duty |
Union Excise Duty |
Service Tax |
GST |
Total |
| 2015-16 |
210338 |
288073 |
211414 |
---- |
709825 |
| 2016-17 |
225370 |
381756 |
254499 |
---- |
861625 |
| 2017-18* |
136929 |
258636 |
81231 |
434670 |
911466 |
| *provisional |
|
|
|
|
|
The details of Direct Tax to Gross Domestic Product (GDP) Ratio and Indirect Tax to GDP ratio over the last three years are as under:
| Financial Year |
Direct Tax GDP Ratio |
Indirect Tax GDP Ratio |
| 2015-16 |
5.47% |
5.16% |
| 2016-17 |
5.57% |
5.65% |
| 2017-18 |
5.98% |
5.43% |
The total income tax collection over the last three years in absolute terms and as a percentage of total tax collection are as under:
| Direct Tax Collections (Rs. in Crore) |
|
Percentage of total tax collection |
| 2594399 |
|
51.09% |
This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today.
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DSM/RM/KA