Loading...

⚠ ✕
❮ Top
☎ Help
☰
GST ▸
Central GST ▸
Integrated GST + ▸
UTGST / SGST ▸
GST Case Laws + ▸
Income Tax ▸
Income Tax ▸
Allied (Direct Tax) ▸
Income Tax Case Laws ▸
DTAA ▸
International Taxation ▸
Customs ▸
Customs Act / Rules ▸
Notifications / Forms ▸
Circulars / Tariff ▸
Case Laws / Manual ▸
FTP/SEZ ▸
Foreign Trade ▸
Notifications / Circulars / Appendix / Forms ▸
Special Economic Zone (SEZ) ▸
Corp. Law ▸
Company Laws ▸
Standards / Trusts ▸
Partnership / LLP / Societies ▸
Case Laws ▸
FEMA ▸
FEMA / FCRA ▸
Notifications / Circulars ▸
Manual / FAQ ▸
FEMA Case Laws ▸
SEBI / IBC ▸
SEBI ▸
SEBI Case Laws ▸
IBC ▸
IBC - Case Laws ▸
PMLA ▸
Benami Property ▸
Black Money ▸
Money Laundering ▸
Vivad ▸
Direct Tax ▸
Indirect Taxes ▸
Indian Laws ▸
Indian Laws ▸
Bharatiya Nyaya 2023 ▸
Finance Acts & Bills / Amendment Acts ▸
Case Laws ▸
Labour Laws ▸
Labour Code ▸
Old / Others ▸
Central Excise ▸
Central Excise - Cases ▸
Wealth Tax ▸
Service Tax ▸
Service Tax Cases ▸
CST / DVAT ▸
CST / VAT / Sales Tax ▸
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ---- ❯
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    July 29, 2026
    RBI issues Draft (Securitisation Transactions) Amendment Directions
    July 29, 2026
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    July 29, 2026
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    July 29, 2026
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    July 29, 2026
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    July 28, 2026
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    July 28, 2026
    Haryana Cabinet approves housing, EV, MSME and governance reforms
    July 28, 2026
    SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
    July 28, 2026
    Govt introduces Bill in RS to tackle payment delays faced by MSMEs
    July 28, 2026
    Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial param...
    July 28, 2026
    Gross Non-Performing Assets (GNPA) of Public Sector Banks (PSBs) at historic low of 1.9% in FY 2025-26, achieve highest-ever net profit of ₹ 1.9...
    July 28, 2026
    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
    July 28, 2026
    India's Exports Scale Record US$ 863.1 Billion in FY 2025–26, Driven by Strong Trade with UAE, UK and Australia
    July 28, 2026
    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    July 28, 2026
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
    July 28, 2026
    Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
    July 28, 2026
    5 Credit Profile Checks That Can Improve Financial Health
    July 28, 2026
    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
    July 28, 2026
    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    July 28, 2026
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
July 29, 2026
RBI issues Draft (Securitisation Transactions) Amendment Directions
Show AI Summary
Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
July 29, 2026
Rupee rises 5 paise to 95.77 against US dollar in early trade
Show AI Summary
Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
July 29, 2026
Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
Show AI Summary
Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
July 29, 2026
Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
Show AI Summary
Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
July 29, 2026
Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
Show AI Summary
Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
July 28, 2026
Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
Show AI Summary
Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
July 28, 2026
Haryana Cabinet approves housing, EV, MSME and governance reforms
Show AI Summary
State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
July 28, 2026
SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
Show AI Summary
Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
July 28, 2026
Govt introduces Bill in RS to tackle payment delays faced by MSMEs
Show AI Summary
MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
July 28, 2026
Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial parameters.
Show AI Summary
Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
July 28, 2026
Gross Non-Performing Assets (GNPA) of Public Sector Banks (PSBs) at historic low of 1.9% in FY 2025-26, achieve highest-ever net profit of ₹ 1.98 lakh crore; aggregate business reaches over ₹283 lakh crore.
Show AI Summary
Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
July 28, 2026
India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
Show AI Summary
Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
July 28, 2026
India's Exports Scale Record US$ 863.1 Billion in FY 2025–26, Driven by Strong Trade with UAE, UK and Australia
Show AI Summary
Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
July 28, 2026
India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
Show AI Summary
Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
July 28, 2026
73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
Show AI Summary
Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
July 28, 2026
Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
Show AI Summary
Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
July 28, 2026
5 Credit Profile Checks That Can Improve Financial Health
Show AI Summary
Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
July 28, 2026
Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
Show AI Summary
Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.
July 28, 2026
EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
Show AI Summary
Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.
July 28, 2026
Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
Show AI Summary
Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
Toy-sector competitiveness is proposed to be advanced through a dedicated task force and a playbook addressing manufacturing ecosystems, value chains, standards and compliance, skills, innovation, intellectual property and exports. The task force is intended to strengthen manufacturing capability, resolve value-chain bottlenecks, enable design and innovation, develop employment and skills, improve ease of doing business and support global value-chain integration. The roadmap emphasises domestic production, quality standards, localisation, branding, cluster development and support for MSMEs and startups.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Home › news › Income Tax › 2016 › May, 2016 › This
Back

All News

Showing Results for : Reset Filters
Income Tax

Income Tax Department Time Series Data Financial Year 2000-01 to 2014-15

May 2, 2016

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

Income Tax Department

Time Series Data

Financial Year 2000-01 to 2014-15

Contents

Overview

1.1       Direct Tax Collection

1.2       State and U.T. Wise Break-Up of Collection

1.3       Contribution of Direct Taxes to Total Tax Revenue

1.4       Direct-Tax GDP Ratio

1.5       Pre-Assessment and Post-Assessment Collections

1.6       Cost of Collection

1.7       Number of Effective Assessees

1.8       Workload and Disposal of Income tax Cases

Overview

Actual figures based on internal reporting/ MIS of the Income Tax Department or figures reported by Controller General of Accounts or data published by other Government agencies, as the case may be.

1.1 Direct Tax Collection

(Rs. in crore)

Financial Year

Corporate Tax

Personal Income Tax@

Other Direct Tax

Total

2000-01

35696

31764

845

68305

2001-02

36609

32004

585

69198

2002-03

46172

36866

50

83088

2003-04

63562

41386

140

105088

2004-05

82680

49268

823

132771

2005-06

101277

63689

250

165216

2006-07

144318

85623

240

230181

2007-08

193561

120429

340

314330

2008-09

213395

120034

389

333818

2009-10

244725

132833

505

378063

2010-11

298688

146258

1049

445995

2011-12

322816

170181

990

493987

2012-13

356326

201840

823

558989

2013-14

394678

242888

1030

638596

2014-15

428925

265772

1095

695792

2015-16*

454419

286801

1075

742295

Source: Union Finance Accounts of respective years and reports of C&AG.

* Provisional/ Unaudited

@ Figures under Personal Income Tax include collections of Securities Transaction Tax.

1.2          State and U.T. Wise Break-Up of Collection

(Rs. in crore)

Financial Year

2008-09

 

2009-10

 

2010-11

 

2011-12

 

2012-13

 

2013-14

 

2014-15

 

States/UT

Andhra Pradesh

17494.9

18716.7

23133.4

25180.0

29947.7

32296.1

29769.01

Arunachal Pradesh

28.0

57.2

70.1

87.6

84.0

111.8

17.19

Assam

1447.1

2565.6

2937.8

3742.8

4564.0

4486.8

3658.69

Bihar

1719.3

1997.8

2581.1

3058.4

3806.7

4491.6

4425.75

Jharkhand

1060.0

1388.6

1691.4

1977.7

2497.9

3482.7

1344.70

Goa

3029.8

3624.1

4886.3

4583.9

2600.4

2100.3

2820.02

Gujarat

12577.3

15001.2

17017.0

20961.7

25196.1

28783.9

35912.46

Haryana

5360.0

6365.6

9212.6

11168.0

13788.0

16778.6

12638.80

Himachal Pradesh

796.7

795.3

894.1

942.5

1267.6

1622.4

2042.42

Jammu Kashmir

574.0

671.4

711.6

869.9

1160.7

1459.1

1284.22

Karnataka

27311.2

29220.9

35824.8

40956.0

49047.8

59769.8

60595.22

Kerala

3719.8

4618.7

5493.2

6810.0

8524.4

10155.6

11909.69

Madhya Pradesh

4589.9

5380.2

6756.4

8729.9

11226.3

13486.6

14262.57

Chhatisgarh

1286.7

1608.4

1882.3

1987.1

2281.9

3067.9

1286.86

Maharashtra

131168.5

145507.6

174968.6

177363.3

202128.9

229494.9

277720.11

Manipur

21.2

27.7

44.1

38.4

55.4

79.2

53.31

Meghalaya

219.4

281.3

367.0

406.3

474.0

577.3

292.75

Mizoram

6.5

9.0

6.9

9.2

12.6

17.8

39.79

Nagaland

9.9

15.8

19.3

20.7

30.4

35.1

30.36

Delhi

54705.0

59621.7

64208.1

68410.5

79137.1

88140.4

91247.90

Odisha

4639.9

5126.9

6172.7

7014.4

8630.5

9394.2

9871.25

Punjab

3350.1

3760.0

5019.2

6181.6

6977.0

7783.6

7072.98

Rajasthan

4666.2

5516.2

5813.3

7689.2

9951.9

11246.5

13146.11

Sikkim

29.2

50.7

48.2

64.4

199.5

205.4

323.88

Tamil Nadu

20651.1

24265.1

28409.5

28327.5

33051.3

42681.3

44732.62

Telangana

 

 

439.46

Tripura

58.5

87.2

100.5

142.2

166.3

218.7

138.91

Uttar Pradesh

14453.0

15905.0

19850.5

20130.3

25745.6

25886.5

27159.83

Uttrakhand

731.1

1086.6

1080.0

1255.7

1591.9

1941.9

1750.63

West Bengal

13557.5

15862.3

19458.0

20592.0

24462.9

26900.7

27793.48

Total

329261.6

369134.8

438657.8

468701.1

548608.8

626696.6

683780.97

 

 

 

 

 

 

 

 

Union Territories

 

 

 

 

 

 

 

Andaman Nicobar

24.9

32.3

36.8

44.2

50.1

52.8

93.37

Chandigarh

812.1

948.4

1201.2

1373.1

1776.2

1874.8

1922.65

Daman and Diu

97.8

92.3

97.2

120.0

146.7

158.2

188.63

Dadar N. Haveli

71.6

79.5

84.7

91.6

110.5

245.6

290.20

Puducherry

158.3

215.8

222.1

260.4

356.8

425.0

385.89

Lakshadweep

0.9

0.9

1.8

5.8

6.9

10.3

2.84

Total

1165.5

1369.2

1643.8

1895.1

2447.3

2766.6

2883.58

C.T.D.S. (SYS -II)

3390.9

7350.2

6632.0

4832.0

7929.3

9125.7

9124.29

Grand Total

33818.0

377854.1

446933.9

475428.2

558985.4

638588.9

695788.85

Source: Pr. CCA CBDT.

1.3 Contribution of Direct Taxes to Total Tax Revenue

(Rs. in crore)

Financial Year

Direct Taxes

Indirect Taxes

Total Taxes

Direct Tax As % Of Total Taxes

2000-01

68305

119814

188119

36.31%

2001-02

69198

117318

186516

37.10%

2002-03

83088

132608

215696

38.52%

2003-04

105088

148608

253696

41.42%

2004-05

132771

170936

303707

43.72%

2005-06

165216

199348

364564

45.32%

2006-07

230181

241538

471719

48.80%

2007-08

314330

279031

593361

52.97%

2008-09

333818

269433

603251

55.34%

2009-10

378063

243939

622002

60.78%

2010-11

445995

343716

789711

56.48%

2011-12

493987

390953

884940

55.82%

2012-13

558989

472915

1031904

54.17%

2013-14

638596

495347

1133943

56.32%

2014-15

695792

543215

1239007

56.16%

2015-16*

742295

711885

1454180

51.05%

* Provisional

1.4 Direct-Tax GDP Ratio

(Rs. in crore)

Financial year

Net Collection of Direct Taxes

GDP Current Market Price

Direct Tax GDP Ratio

GDP Growth Rate

Tax Growth Rate

Buoyancy Factor

2000-01

68305

2102376

3.25%

7.7%

17.85%

2.32

2001-02

69198

2281058

3.03%

8.5%

1.31%

0.15

2002-03

83088

2458084

3.38%

7.76%

20.07%

2.59

2003-04

105088

2754621

3.81%

12.06%

26.48%

2.19

2004-05

132771

3242209

4.1%

17.7%

26.34%

1.49

2005-06

165216

3693369

4.47%

13.92%

24.44%

1.76

2006-07

230181

4294706

5.36%

16.28%

39.32%

2.42

2007-08

314330

4987090

6.3%

16.12%

35.56%

2.27

2008-09

333818

5630063

5.93%

12.89%

6.20%

0.48

2009-10

378063

6457352

5.85%

14.69%

13.25%

0.90

2010-11

445995

7674148

5.81%

18.84%

17.97%

0.95

2011-12

493987

9009722

5.48%

17.4%

10.76%

0.62

2012-13

558989

10113281

5.53%

12.25%

13.16%

1.07

2013-14

638596

11355073

5.62%

12.28%

14.24%

1.16

2014-15

695792

12541208

5.55%

10.45%

8.96%

0.86

2015-16*

742295

@ 13567192

5.47%

8.18%

6.68%

0.82

* Provisional

@ Advance Estimates as per Press Release dated 08.02.2016 of MOSPI.

1.5 Pre-Assessment and Post-Assessment Collections

(Rs. in crore)

Financial Year

TDS

Adv. Tax

Self-Assessment Tax

Regular Assessment Tax

Other Receipts

Total Gross Direct Tax Receipts#

2000-01

28213

32614

5841

8121

5420

80209

2001-02

32672

34094

5479

9492

4094

85831

2002-03

36568

49158

6414

10745

2184

105069

2003-04

42955

58713

9852

16015

3150

130685

2004-05

43972

90034

10043

6006

10406

160461

2005-06

58606

87084

11618

22112

7875

187294

2006-07

70689

121227

13825

30396

20495

256632

2007-08

105047

158673

21375

25970

43792

354858

2008-09

128230

143332

30779

21337

49237

372915

2009-10

145736

173417

32507

33274

50229

435163

2010-11

168669

212538

36887

51838

43966

513898

2011-12

198679

251526

27648

51512

50134

579499

2012-13

210654

275794

39470

62418

48596

636932

2013-14

248547

292522

44123

72528

63884

721604

2014-15

259106

326525

52050

80189

81589

799459

2015-16*

315131

356601

66417

68737

57834

864720

Source: Reports of C&AG of different years.

* Provisional (Source: OLTAS)

# Gross Tax Receipts without reducing refunds.

1.6 Cost of Collection

(Rs. in crore)

Financial Year

Total Collections

Total Expenditure

Cost of Collection

2000-01

68305

929

1.36%

2001-02

69198

933

1.35%

2002-03

83088

984

1.18%

2003-04

105088

1050

1.00%

2004-05

132771

1138

0.86%

2005-06

165216

1194

0.72%

2006-07

230181

1349

0.59%

2007-08

314330

1687

0.54%

2008-09

333818

2248

0.67%

2009-10

378063

2726

0.72%

2010-11

445995

2698

0.60%

2011-12

493987

2976

0.60%

2012-13

558989

3283

0.59%

2013-14

638596

3641

0.57%

2014-15

695792

4101

0.59%

2015-16*

742295

4593

0.62%

* Provisional

1.7 Number of Effective Assessees

PAN Category

AY 2011-12

AY 2012-13

AY 2013-14

AY 2014-15**

Association of Person

110230

124010

138098

142192

Body of Individuals

5392

5688

6052

6221

Company

596377

654766

702621

714419

Firm

950147

995648

1038309

1031457

Government

62

94

159

294

Hindu Undivided Family

892205

931387

956233

907047

Artificial Juridical Person

9896

9897

10039

9649

Local Authority

5056

5459

5935

6807

Individual

40883558

44346852

49033288

48663680

Trust

184563

193781

202590

192056

Total*

43637486

47267582

52093324

***51673822

 

* The data is based on the number of income-tax returns entered in the System plus number of cases where tax has been deducted at source from the income of the taxpayer but the taxpayers has not filed the return of income.

** Provisional

*** Returns for AY 2014-15 can be filed till 31.03.2016.

1.8 Workload and Disposal of Income tax Cases

Financial Year

Number Of Assessments

Workload

Disposal

2000-01

32728373

19381487

2001-02

35818050

20665323

2002-03

39176300

35151111

2003-04

27683421

21886738

2004-05

30747645

23448806

2005-06

33934874

24058871

2006-07

38128779

26139210

2007-08

40192130

21848016

2008-09

48280589

24339003

2009-10

52158000

28246000

2010-11

50654983

29625794

2011-12

39667836

28318427

2012-13

24886015

16530537

2013-14

30456681

19924496

2014-15

31786402

21677399

Topics

Acts Income Tax
Next ➔