Page 9 - Union Budget_2019
P. 9
Union Budget 2019
AVERAGE TAX PAID PER CITIZEN
Year 2018-19 2017-18 2016-17 2015-16 2014-15
(Budgeted) (Actual)
Population (in 135 135 134 131 126
crores)
Direct Tax collection 12,00,000 10,02,037 8,49,713 7,41,055 6,95,744
at the end of: (in
crores)
Tax paid per citizen 8,889 7,422 6,341 5,657 5,522
Absolute increase in 19.77% 17.05% 12.10% 2.45% 7.22%
tax paid per citizen
Inflation Average 4.85% 2.49% 4.97% 5.60% 6.37%
(CPI)(IW)
Effective increase in 14.92% 14.56% 7.13% -3.15% 0.85%
tax collection
adjusted for inflation
CPI Consumer Price Index Industrial Worker
IW
REAL GROWTH OF GDP (%)
10
9
8
7
6
5
% 4
3
2
1
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2016-17 2017-18 2018-09
Annual 8.2 8.2 8.2 8.2 7.2 7.2 7.2 7.2 7 7 7 7
Quarterly 9.4 8.9 7.5 7 6.2 6.9 7.7 8 7.9 7.1 6.5 6.5
7