Direct Taxes Contribute more than 56% to total Central Taxes

Press Information Bureau

Government Of India

Ministry of Finance

(12-May, 2015 17:29 IST )

Direct Taxes worth Rs. 6,95,988 Collected Druing 2014-15; Direct Taxes Contribute more than 56% to total Central Taxes During 2013-14 and 2014-15

The Revised Estimates and actual collections of Direct Taxes for the last three years are as under:

Financial year	Revised Estimates	Direct Taxes collections
2012-13	5,65,835	5,58,658
2013-14	6,36,318	6,38,543
2014-15*	7,05,628	6,95,988

*provisional/unaudited

The percentage of contribution of direct taxes to the total Central Taxes (direct and indirect) is as under:

Financial year	Direct Taxes	Indirect Taxes	Total Central Taxes (direct and indirect)	Direct Taxes as % of Total Central Taxes
2012-13	5,58,658	4,74,482	10,33,140	54.07%
2013-14	6,38,543	4,97,061	11,35,604	56.22%
2014-15*	6,95,988	5,44,157	12,40,145	56.12%

*provisional/unaudited

This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to a question in the Rajya Sabha today.