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

By | 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 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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