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Home News News and Press Release Month 12 2018 2018 (12) This

Direct Tax and Indirect Tax Collections

14-12-2018
  • Contents

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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