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TABLE 1.9 |
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Tax revenue and expenditure |
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1990-91 |
1996-97 |
1997-98 |
1998-99 |
1999-2000 |
2000-01* |
2001-02# |
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Actuals |
Actuals |
Actuals |
Actuals |
Actuals |
(Prov.) |
(BE) |
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(As per cent of GDP) |
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1 |
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Fiscal deficit |
6.6
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4.1
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4.8
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5.1
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5.4
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5.5
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5.1
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2 |
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Revenue deficit |
3.3
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2.4
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3.1
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3.8
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3.5
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3.9
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3.4
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3 |
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Primary deficit |
2.8
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-0.2
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0.5
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0.7
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0.7
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0.8
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0.2
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4 |
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Gross tax revenue |
10.1
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9.4
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9.1
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8.3
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8.9
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9.0
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9.9
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(a) |
Direct taxes |
1.9
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2.8
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3.2
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2.7
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3.0
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3.3
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3.7
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of which: |
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(i) |
Income tax |
0.9
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1.3
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1.1
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1.2
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1.3
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1.5
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1.8
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(ii) |
Corporation tax |
0.9
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1.4
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1.3
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1.4
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1.6
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1.7
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1.9
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(b) |
Indirect taxes |
7.9
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6.5
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5.9
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5.5
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5.8
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5.7
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6.1
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of which: |
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(i) |
Union excise duties |
4.3
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3.3
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3.2
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3.1
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3.2
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3.3
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3.6
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(ii) |
Customs |
3.6
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3.1
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2.6
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2.3
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2.5
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2.3
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2.4
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5 |
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Total expenditure |
17.3
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13.9
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14.2
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14.7
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15.4
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15.3
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16.4
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of which |
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(i) |
Interest payments |
3.8
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4.3
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4.3
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4.5
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4.7
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4.7
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4.9
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(ii) |
Major subsidies |
1.7
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1.0
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1.2
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1.2
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1.2
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1.3
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1.2
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(iii) |
Defence |
2.7
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2.2
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2.3
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2.3
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2.4
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2.4
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2.7
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(iv) |
Other non-plan expenditure |
4.1
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2.5
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2.5
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2.9
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3.2
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3.0
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3.2
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(v) |
Budget support for plan |
5.0
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3.9
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3.9
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3.8
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3.9
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4.0
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4.4
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* |
Provisional and
unaudited as reported by Controller General of Accounts, Department of Expenditure,
Ministry of Finance. |
# |
The ratios to GDP at current market prices for
2001-2002 are based on CSO's Advance Estimates. |
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Note : |
1 |
Ratios
to GDP at current market prices (Base = 1993-94) of National Accounts Statistics released
by the |
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Central Statistical Organisation. |
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2 |
Figures are exclusive of the transfer of States
share of net small savings collections. |
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