( In crore of Rupees)
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1996-97 1996-97 1997-98
Budget Revised Budget
Estimates Estimates Estimates*
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REVENUE RECEIPTS
1. TAX REVENUE
Gross Tax Revenue 132145 132319 153647
Corporation tax 19600 19010 21860
Income-tax 17843 18843 21700
Interest tax 1250 2000 1800
Expenditure tax 190 190 210
Wealth tax 110 110 130
Gift tax 10 10 10
Customs 44435 44135 52550
Union excise duties 46884 46190 52200
Service tax 970 970 2150
Other taxes and duties 641 641 801
Taxes of Union Territories 212 220 236
Less States' Share 34835 35107 40254
Income-tax 13024 13529 15691
Union excise duties 21811 21578 24563
NET TAX REVENUE 97310 97212 113393
2. NON-TAX REVENUE
Interest receipts 21393 21945 24092
Dividends and profits 4051 4077 6013
External grants 809 1199 1100
Other Non-tax revenue 6537 6093 8280
Receipts of Union Territories 245 257 265
Total-Non-Tax Revenue 33035 33571 39750
Total Revenue Receipts 130345 130783 153143
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* Includes effect of Budget proposals as below:-
Budget States' Net for
proposals share Centre
Interest tax -600 ... -600
Service tax +900 ... +900
TOTAL +300 ... +300
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( In crore of Rupees)
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1996-97 1996-97 1997-98
Budget Revised Budget
Estimates Estimates Estimates*
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3. CAPITAL RECEIPTS @
Recoveries of loans1 7048 7809 8779
Market borrowings 3700 4025 4070
Other short, medium &
long term loans # 21798 21473 29750
External assistance 2461 2589 2435
Disinvestment of equity holding
in public sector enterprises 5000 500 4800
Issue of bonus shares 1 75 ...
Small Savings, PPF
and Deposit scheme
for retiring government
employees (3) 14000 15000 14000
State Provident Funds 2250 2450 2550
Special deposits 9548 8804 10006
Others 1931 1890 2643
Total-Capital Receipts 67737 64615 79033
TOTAL RECEIPTS (2) 198082 195398 232176
1. excludes recoveries of short-term
loans and advances from States
and loans to Government
servants, etc. 1135 1135 1138
2. excludes receipts offset by
matching expenditure (Details
in Annexure 12 to Receipts
Budget, 1997-98)
3. Of which
Share of States & UTs 11000 10680 11300
Net to Centre 3000 4320 2700
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@ The receipts (other than recoveries of loans) are net receipts: gross
receipts minus repayments.
# These include Zero Coupon Bonds, loans in conversion of maturing
Treasury Bills, 364 days Treasury Bills, etc.
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