Direct Tax and Indirect Tax Collections (FY 2015-16 to FY 2017-18 )

By | December 15, 2018
(Last Updated On: December 15, 2018)
Ministry of Finance

Direct Tax and Indirect Tax Collections

Posted On: 14 DEC 2018

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 YearCorporation TaxTaxes on IncomeTotal
2015-16453228288717741945
2016-17484924346789849713
2017-18*5712024315391002741

*provisional

 

Indirect Tax

 

(Rs. in crore)

Financial YearCustoms DutyUnion Excise DutyService TaxGSTTotal
2015-16210338288073211414—-709825
2016-17225370381756254499—-861625
2017-18*13692925863681231434670911466
*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 YearDirect Tax GDP RatioIndirect Tax GDP Ratio
2015-165.47%5.16%
2016-175.57%5.65%
2017-185.98%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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