Direct taxes worth Rs 6.95 lac crore collected during 2014-15

Last updated: 13 May 2015


Direct Taxes worth Rs. 6,95,988 Collected Druing 2014-15; Direct Taxes Contribute more than 56% to total Central Taxes During 2013-14 and 2014-15 

The Revised Estimates and actual collections of Direct Taxes for the last three years are as under:

Financial year

Revised Estimates

Direct Taxes collections

2012-13

5,65,835

5,58,658

2013-14

6,36,318

6,38,543

2014-15*

7,05,628

6,95,988

*provisional/unaudited

The percentage of contribution of direct taxes to the total Central Taxes (direct and indirect) is as under:

Financial year

Direct Taxes

Indirect Taxes

Total Central Taxes (direct and indirect)

Direct Taxes as % of Total Central Taxes

2012-13

5,58,658

4,74,482

10,33,140

54.07%

2013-14

6,38,543

4,97,061

11,35,604

56.22%

2014-15*

6,95,988

5,44,157

12,40,145

56.12%

*provisional/unaudited

This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to a question in the Rajya Sabha today.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.



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