Income Tax

Income Tax Department Time Series Data Statistics/Analysis Financial Year 2000-01 to 2014-15

Income Tax Department Time Series Data Statistics/Analysis  Financial Year 2000-01 to 2014-15

1. Direct Tax Collection (Rs. in crores)
Corporate Tax grew from 35696 in AY 2000-01 to 454419 in FY 2015-16 (12.73 times)

Personal Income Tax grew from 31764 in AY 2000-01 to 286801 in FY 2015-16 (09.03 times)

2. State/UT wise Collections (Rs. in crores)
Maharashtra continued to be the top contributor followed by Delhi and Karnataka

3. Direct Tax as % of Total of direct and indirect taxes
After the peak of 60% in FY 2009-10, direct taxes in FY 2015-16 dropped by approx 4% at 51.05% as compared to 56.16% in FY 2014-15.

4. Direct Tax as % of GDP
Direct Tax as % of GDP remained stable at approx 5.50%  since 2011-12

5. Pre-Assessment and Post-Assessment Collections
TDS and Advance Tax continued to constitute at about 75% of the total gross tax receipts including self assessment/ regular assessment tax.

6. Number of effective assessees 
While number of Individual tax payers top the list being 94.17% (48663680 numbers) in AY 2014-15, they grew by approx 19% as compared to AY 2011-12

However company constitutes only approx 1.38% of the effective taxpayers which is more of less the same as in AY 2011-12.

7. Workload and Disposal of Income tax Cases
Total work load disposal ratio for FY 2014-15 was 68.20% in contrast to 71.39% in FY 2011-12.  The highest ratio was being achieved in FY 2002-03

Download Full Time Series Analysis from FY 2000-01 to 2014-15

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