- 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+
