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Tax Revenue

2 Receipt Budget, 2022-2023 Tax Revenue Tax Revenue (In ` crores) Tax Revenue Major Head Actual 2020-2021 Budget 2021-2022 Revised 2021-2022 Budget 2022-2023 Tax Revenue 1. Corporation Tax Collections 0020 Surcharge 0020 Health and Education Cess 0020 Penalties 0020 .. Interest Recoveries 0020 .. Tax on Discounted Profits of Domestic Companies 0020 .. Tax on Distributed Income to Unit Holders 0020 .. Miscellaneous Receipts 0020 .. Total-Corporation Tax 2. Taxes on Income Collections 0021 Surcharge 0021 Health and Education Cess 0021 Penalties 0021.

Basic Excise Duties:.Basic Excise Duty is leviable under the Central Excise Act at the rates specified in the Central Excise Tariff Act 1985. This duty has been subsumed under GST (except on petroleum products, which are outside GST) w.e.f. 1st July, 2017.

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