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 -

Source – Economic Surveys up to 2012-13 Reduction in Tax Rates Table – 1 Source – Economic Surveys up to 2012-13 Reduction in Tax Rates Simplification of Tax Procedures Year Tax Revenue(in Crores) 1990-91 42,978 2001-02 1,33,532 2006-07 3,51,182 2010-11 5,72,790 2011-12 8,90,622

2. The Share of Direct & Indirect Taxes – Table-2 (Rs in Crores) Year BE –Budget Estimates Source – RBI Handbook, Budget at a Glance -2012-13 Year Direct Tax Indirect Tax Total 1990-91 6,903 36,075 42,978 2001-02 47,703 85,828 1,33,532 2006-07 1,69,738 1,81,444 3,51,182 2009-10 2,81,087 1,87,148 4,65,103 2012-13(BE) 5,70,257 5,07,354 10,77,612

Increase in Corporate Income Tax. 3. Trends in Direct Taxes – Table -3 (% of Total Tax Revenue) Source – Economic Surveys up to 2012-13 Year Personal Income Tax Corporate Tax 1990-91 9.2 9.3 2007-08 17.3 32.5 2011-12 18.6 36.3

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 Year Excise Duties Custom Duties 1990-91 42.6 35.9 2006-07 24.8 18.2 2011-12 16.3 16.8

Year Service Tax 1995-96 0.8 2007-08 8.6 2011-12 11.0 Table -5 (% of Total Tax Revenue) Source – Economic Surveys up to 2012-13 Year Service Tax 1995-96 0.8 2007-08 8.6 2011-12 11.0

B) Non-Tax Revenues – Table -6 (Rs. in Crores) Source – Economic Survey. Year Non-Tax Revenue 1990-91 11,976 2000-01 55,947 2009-10 1,16,014 2010-11 2,21,487