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  • Sriram Tax

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    Sriram Tosaniwal
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    The government's revenue from direct tax collection increased 94% over 5 years from 2006-07 to 2010-11, rising from Rs 2,30,181 crore to Rs 4,46,935 crore. Indirect tax collection also rose, increasing from Rs 2,41,538 crore to Rs 3,45,127 crore over the same period. This growth in tax revenue was attributed to increases in GDP, changes in tax legislation, and more efficient tax administration. The number of tax assesses fluctuated slightly but generally increased over the 5-year period.

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    The government's revenue from direct tax collection increased 94% over 5 years from 2006-07 to 2010-11, rising from Rs 2,30,181 crore to Rs 4,46,935 crore. Indirect tax collection also rose, increasing from Rs 2,41,538 crore to Rs 3,45,127 crore over the same period. This growth in tax revenue was attributed to increases in GDP, changes in tax legislation, and more efficient tax administration. The number of tax assesses fluctuated slightly but generally increased over the 5-year period.

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    8 просмотров1 страница

    Sriram Tax

    Загружено:

    Sriram Tosaniwal
    The government's revenue from direct tax collection increased 94% over 5 years from 2006-07 to 2010-11, rising from Rs 2,30,181 crore to Rs 4,46,935 crore. Indirect tax collection also rose, increasing from Rs 2,41,538 crore to Rs 3,45,127 crore over the same period. This growth in tax revenue was attributed to increases in GDP, changes in tax legislation, and more efficient tax administration. The number of tax assesses fluctuated slightly but generally increased over the 5-year period.

    Авторское право:

    Attribution Non-Commercial (BY-NC)
    Скачайте в формате DOCX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    Govt's revenue from direct tax collection zooms 94% in 5 years

    NEW DELHI: The government's revenue from direct tax collection increased by 94 per cent to Rs 4,46,935 crore in 2010-11, as compared to Rs 2,30,181 crore in 2006-07, as per the information revealed in Parliament yesterday. In the mean time, indirect tax collection appreciated to Rs 3,45,127 crore as compared to Rs 2,41,538 crore during the same period, Minister of State for Finance SS Palanimanickam said in a written reply to the Rajya Sabha. The government attributed the appreciation in revenue from tax collection on account of rise in gross domestic product (GDP), changes in tax legislation and improved efficiency of tax administration. For the five year under review, the number of tax assesses dropped in 2008-09 and 2010-11 from the previous years. During these years, the number of income tax assesses were 3.19 million (2006-07), 3.37 million (2007-08), 3.27 million (2008-09), 3.41 million (2009-10) and 3.37 million (2010-11).

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