Collection from various Taxes in India

One of the most common question asked in bank interviews is - Which is the major source of revenue to Indian Government ?

Type of Tax Collection in 2013-14 (Rs Crores)
Corporate Tax
322816
Income Tax
170342
Custom Duty
149327
Excise Duty
145607
Service Tax
97508
Taxes on Union Territories
2785
Corporation tax levied on companies under section Companies Act 1961

Income tax is levied on individual, firms other than companies under Income Tax Act 1961

Wealth tax is levied on assets of certain individuals and companies under Wealth Tax act, 1957

Service tax is levied on services provided by professionals and companies. Services under "Negative Lists" are exempted from service tax.

Excise duty is levied on production of goods. 


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13 comments:

  1. Igot 147 in oa I am from mp can I got interview call from sarva haryana bank

    ReplyDelete
  2. yes 100 percent dear pakka ho jayega aapka selection

    ReplyDelete
  3. mere po3 me 36.60 aaye the pr m reserve list me hu reserve list 36.80 se 36.40 tak h help what is the next step

    ReplyDelete
  4. mere po3 me 36.60 aaye the pr m reserve list me hu reserve list 36.80 se 36.40 tak h help what is the next step b

    ReplyDelete
  5. mere 153 hai...call hai sakti hai kya shgb me?

    ReplyDelete
  6. thanks swati

    ReplyDelete
  7. Only wait when ibps declared. Vacancy for reserved candidate....

    ReplyDelete
  8. thank u somuch sir...

    ReplyDelete
  9. No more vacancy for reserve

    ReplyDelete
  10. biswaranjan panigrahiNovember 28, 2014 at 10:38 PM

    i've got 171 in oa and am from odisha......kya mera job ho sakega??

    ReplyDelete
  11. karthick sivarajMay 30, 2015 at 2:06 PM

    Sir kindly upload SBI Po preliminary practice set.. U uploaded only 7 set. Kindly provide some more. Its really helpful for me

    ReplyDelete
  12. Er Sathesh KumarMay 30, 2015 at 9:56 PM

    Thanks a lot sir

    ReplyDelete

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