| TABLE 1.9 Tax Revenue and Expenditure |
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| 1990-91 Actuals | 1995-96 Actuals | 1996-97 Actuals | 1997-98 Actuals | 1998-99 Actuals | 1999-2000* (Prov.) |
2000-01 Budget estimates |
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| (As per cent of GDP) | |||||||||
1. Fiscal Deficit |
6.6 | 4.2 | 4.1 | 4.8 | 5.1 | 5.5 | 5.1 | ||
2. Revenue Deficit |
3.3 | 2.5 | 2.4 | 3.1 | 3.9 | 3.5 | 3.6 | ||
| 3. Primary Deficit | 2.8 | 0.0 | -0.2 | 0.5 | 0.7 | 0.8 | 0.5 | ||
4. Gross Tax Revenue |
10.1 | 9.4 | 9.4 | 9.1 | 8.2 | 8.8 | 9.2 | ||
(a) Direct Tax of which: |
1.9 | 2.8 | 2.8 | 3.2 | 2.7 | 3.0 | 3.3 | ||
| (i) Income Tax | 0.9 | 1.3 | 1.3 | 1.1 | 1.2 | 1.3 | 1.4 | ||
| (ii) Corporation Tax | 0.9 | 1.4 | 1.4 | 1.3 | 1.4 | 1.6 | 1.8 | ||
| (b) Indirect Tax of which: | 7.9 | 6.5 | 6.5 | 5.9 | 5.5 | 5.8 | 5.8 | ||
| (i) Union Excise Duties | 4.3 | 3.4 | 3.3 | 3.2 | 3.0 | 3.2 | 3.3 | ||
| (ii) Customs | 3.6 | 3.0 | 3.1 | 2.6 | 2.3 | 2.5 | 2.5 | ||
| 5. Total Expenditure of which |
17.3 | 14.2 | 13.9 | 14.2 | 14.6 | 15.3 | 15.5 | ||
| (i) Interest Payments | 3.8 | 4.2 | 4.3 | 4.3 | 4.4 | 4.7 | 4.6 | ||
| (ii) Major Subsidies | 1.7 | 1.0 | 1.0 | 1.2 | 1.2 | 1.2 | 1.0 | ||
| (iii) Defence | 2.7 | 2.3 | 2.2 | 2.3 | 2.3 | 2.4 | 2.7 | ||
| (iv) Other Non-Plan Expenditure | 4.1 | 2.7 | 2.5 | 2.5 | 2.9 | 3.1 | 3.2 | ||
| (v) Budget Support For Plan | 5.0 | 3.9 | 3.9 | 3.9 | 3.8 | 4.0 | 4.0 | ||
| * Provisional and unaudited as reported by Controller General
of Accounts, Deptartment of Expenditure, Ministry of Finance. Note : 1. Ratios to GDP at current market prices New series (Base 1993-94) released by the Central Statistical Orgnisation (CSO) 2. The ratios to GDP for 2000-2001 is based on estimate of GDP at current market prices based on CSO's Advance estimates. 3. Figures are exclusive of the transfer of State’s share of net Small Savings Collections. |
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