Gross tax collections stand at Rs. 12.45 trillion during 2014-15; Registering a growth of 9% in FY15 as compared to FY13-14
The Government's gross tax collections in FY15 stood at Rs. 12.45 trillion, which has shown a growth of 9% (Rs.1.06 trillion) as compared to FY2013-14. The gross tax collections is 9.8% of GDP, the Finance Ministry said in a statement on Sunday.
Devolution of tax collections to states at the end of 2014-15 is Rs.3.37 trillion which is higher by Rs.19,578 crore over the previous year 2013-14, while the Non Tax Revenue stands at Rs.1.96 trillion (90% of RE).
Non Debt Capital Receipts which includes disinvestment stands at Rs.43,439 crore (103% of RE) and has shown an increase of 4% as compared to the previous year’s collection of Rs.41,865 crore.
Plan Expenditure at the end of 2014-15 stands at Rs.4.35 trillion, whereas Non-Plan Expenditure during the same year has been Rs.11.91 trillion (99.8% of RE).
Devolution of tax collections to states at the end of 2014-15 is Rs.3.37 trillion which is higher by Rs.19,578 crore over the previous year 2013-14, while the Non Tax Revenue stands at Rs.1.96 trillion (90% of RE).
Non Debt Capital Receipts which includes disinvestment stands at Rs.43,439 crore (103% of RE) and has shown an increase of 4% as compared to the previous year’s collection of Rs.41,865 crore.
Plan Expenditure at the end of 2014-15 stands at Rs.4.35 trillion, whereas Non-Plan Expenditure during the same year has been Rs.11.91 trillion (99.8% of RE).
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