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Changing Trends in Tax & Non-Tax Revenue in India 1991 – Raja Chelliah Committee – Restructure theTax System . Trends in Tax Revenues in India – 1. Increase in Tax Revenue -. Table – 1
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Changing Trends in Tax & Non-Tax Revenue in India 1991 – Raja Chelliah Committee – Restructure theTax System. Trends in Tax Revenues in India – 1. Increase in Tax Revenue -
Table – 1 • Source – Economic Surveys up to 2012-13 • Reduction in Tax Rates • Simplification of Tax Procedures
2. The Share of Direct & Indirect Taxes – Table-2 (Rs in Crores) BE –Budget Estimates Source – RBI Handbook, Budget at a Glance -2012-13
Increase in Corporate Income Tax. • 3. Trends in Direct Taxes – • Table -3 • (% of Total Tax Revenue) • Source – Economic Surveys up to 2012-13
4. Trends in Indirect Taxes – • Excise Duties, Custom Duties, Service Tax. • Table – 4 • (% of Total Tax Revenue) • Source – Economic Surveys up to 2012-13 • Excise Duties – Economic slow down • Custom Duties – Reduction import duties
Table -5 (% of Total Tax Revenue) Source – Economic Surveys up to 2012-13
B) Non-Tax Revenues – Table -6 (Rs. in Crores) Source – Economic Survey.