Lok Sabha Question No. 2047 (UNSTARRED), answered on 2017-12-29
Subject: Direct and Indirect Taxes
Ministry: FINANCE
Asked by: SHARAD TRIPATHI, RODMAL NAGAR

## Government of India Ministry of Finance Department of Revenue

## LOK SABHA UNSTARRED QUESTIONS NO. 2047

TO BE ANSWERED ON FRIDAY, DECEMBER 29, 2017 PAUSHA 8, 1939 (SAKA)

## DIRECT AND INDIRECT TAXES

## †2047. SHRI SHARAD TRIPATHI: SHRI NAGAR RODMAL:

Will the Minister of FINANCE be pleased to state:

- (a) the targets set by the Government for the collection of direct and indirect taxes along with the actual amount collected during the last three years and current year, category-wise;
- (b) whether  there  has  been  a  shortfall  in  the  direct  and  indirect  tax  collection  during  the  said period, if so, the details thereof along with the reasons for the shortfall;
- (c) the details of the above taxes waived off/not collected along with the revenue losses suffered by the Government during the said period;
- (d) the steps being taken by the Government to overcome the said losses; and
- (e)     the steps taken/proposes to be taken to make the system of direct tax collection more effective?

## ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHIV PRATAP SHUKLA)

- (a)    The details of target set by the Government for the collection of direct and indirect taxes along with  the  actual  amount  collected  during  the  last  three  years  and  current  year  category-wise  is  at annexure.

## (b) Direct Tax

The  shortfall/excess  if  any,  has  been  within  reasonable  range.  The  growth  rate  of  direct  tax collection in Financial Year 2017-18 is 16.6% as against the target rate of 15.32%.

## Indirect Tax

There is no shortfall in overall Indirect Tax collection during the said period.

## (c) & (d) Direct Tax

There is no provision for waiver of tax under the Income-tax Act, 1961. As such no taxes have been waived off during the last three years and current year.

## Indirect Tax

There is no provision for waiver of tax under the Central Excise Act 1944, Customs Act 1962, or Finance Act, 1944.

(e)    In order to maximize direct tax collections, the field officers have been asked to take several steps  including  monitoring  of  advance  tax  payments  by  top  taxpayers,  recovery  of  outstanding demand, monitoring  payment  of  tax  deducted  at  source  by  top  deductors,  organizing  awareness programmes regarding  TDS/TCS  provisions  for  proper  compliance,  utilizing  information  available through Statement of Financial Transaction (SFT), and other agencies for detection of cases of tax evasion and new tax-payers, enforcement action by way of searches and surveys, efforts towards widening of tax base, early disposal of high demand assessments and appeals for early recovery of demand,  multi-media  campaign  to  encourage  voluntary  compliance  of  tax  laws,  monitoring  of payment of Dividend Distribution Tax and Regular Assessment Tax, etc.

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Annexure

Annexure as referred to in reply to part (a) of Unstarred Question No. 2047 to be answered in Lok Sabha on 29.12.2017

## Direct Tax

(Rs. in crore)

| Major Head                          | F.Y. 2014-15   | F.Y. 2015-16   | F.Y. 2016-17   | F.Y. 2017-18* (up to 18.12.2017) Budget Estimates (BE)   |
|-------------------------------------|----------------|----------------|----------------|----------------------------------------------------------|
| Corporate Tax                       |                |                |                |                                                          |
| Revised Estimates                   | 426079         | 452970         | 493924         | 538745 (BE)                                              |
| Actual Collections                  | 428925         | 453228         | 484924         | 372271                                                   |
| Personal Income Tax (Including STT) |                |                |                |                                                          |
| Revised Estimates                   | 278599         | 299051         | 353174         | 441255 (BE)                                              |
| Actual Collections                  | 265772         | 287637         | 349270         | 265266                                                   |
| Other Taxes                         |                |                |                |                                                          |
| Revised Estimates                   | 950            | 0              | 0              | 0 (BE)                                                   |
| Actual Collections                  | 1095           | 1079           | 15624          | 11288#                                                   |
| Direct Tax Total                    |                |                |                |                                                          |
| Revised Estimates                   | 705628         | 752021         | 847098         | 980000 (BE)                                              |
| Actual Collection                   | 695792         | 741944         | 849818         | 648825                                                   |

## Indirect Tax

| Major Head         | F.Y. 2014-15   | F.Y. 2015-16   | F.Y. 2016-17 (Provisional)   | F.Y. 2017-18 (up to 30.11.2017) (Provisional) Budget Estimates (BE)   |
|--------------------|----------------|----------------|------------------------------|-----------------------------------------------------------------------|
| Customs            |                |                |                              |                                                                       |
| Revised Estimates  | 188713         | 209500         | 217000                       | 245000 (BE)                                                           |
| Actual Collections | 188016         | 210338         | 225370                       | 102410                                                                |
| Union Excise       |                |                |                              |                                                                       |
| Revised Estimates  | 185480         | 284142         | 385500                       | 406900 (BE)                                                           |
| Actual Collections | 188787         | 288073         | 380496                       | 184769                                                                |
| Service Tax        |                |                |                              |                                                                       |
| Revised Estimates  | 168132         | 210000         | 247500                       | 275000 (BE)                                                           |
| Actual Collections | 167969         | 211414         | 254499                       | 79507                                                                 |
| Indirect Tax Total |                |                |                              |                                                                       |
| Revised Estimates  | 542325         | 703642         | 850000                       | 926900 (BE)                                                           |
| Actual Collection  | 544772         | 709825         | 860365                       | 366686*                                                               |

(Rs. in crore)