Rajeev Chandrasekhar's official website - Member of Parliament

Government of India Ministry of Finance Department of Revenue

 RAJYA SABHA UNSTARRED QUESTION NO. 966

TO BE ANSWERED ON TUESDAY, FEBRUARY 12, 2019 MAGHA 23, 1940 (SAKA)

IMPACT OF DEMONETISATION AND GST ON TAX BASE

 

SHRI RAJEEV CHANDRASEKHAR:

 

Will the Minister of FINANCE be pleased to State:

 

(a) The impact of structural reforms like demonetisation and GST on expanding tax base;

 

(b)The total number of direct and indirect tax payers increased since 2014; and

 

(c) Tax-GDP ratio of the last four years since 2014-15?

 

ANSWER

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

 

 

(a): The tax base has increased after demonetisation and GST.

 

(b): The total number of Income Tax Return filed in Financial Year 2013-14 was 3,79,76,493 which increased to 6,32,99,480 in Financial Year 2017-18.

 

The total number of indirect taxpayers as on 1st April, 2014 was 35,81,340 and as on 1st January 2019 is 1,17,62,606. Since the number of tax payers as on 1st January 2019 includes those taxpayers who have migrated from sate VAT to GST, the number of tax payers as on 1st April 2014 and 1st January 2019 cannot be compared.

 

(c): Tax-GDP ratio of the last four years since 2014-15 is as under:-

 

Financial YearDirect Tax GDP RatioIndirect Tax GDP Ratio
2014-155.55%4.37%
2015-165.47%5.15%
2016-175.57%5.61%
2017-185.98%*5.33%**

 

*Provisional

** Revenue inclusive of GST (CGST, IGST & Comp. Cess) for 2017-18.

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