• May
  • 16
  • 2012

Increase in Number of Tax Payers

The number of effective income tax assesses as well as the number of registered Central Excise and Service Tax assesses during the years 2006-07 to 2010-11 are as under:

Financial Year

Income Tax Assessees

Central Excise

Service Tax

2006-07

31903137

92035

947970

2007-08

33662801

96719

1070068

2008-09

32650627

100163

1221846

2009-10

34085426

101709

1224316

2010-11

33739124

113482

1300226

The Revenue Collected from direct and indirect taxes during the above period, is as given below.

Financial Year

Direct Taxes

Indirect Taxes

2006-07

230181

241538

2007-08

314330

279031

2008-09

333818

269433

2009-10

378063

245367

2010-11

446935

345127

The primary reason for increased revenue collection are increase in GDP, changes in tax legislation, improved efficiency of tax administration, etc, according to S.S. Palanimanickam, MOS, Finance, in a written reply to a question in the Rajya Sabha yesterday.


Sandeep Kanoi+

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