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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 |
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|
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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.