FINANCE

Population

Contribution Unspecified

Back-

Income

Inverse

Poverty

Revenue

Non-Plan

Area

Index of

Fiscal

Tax effort

COMMISSION

wardness

Distance

Per capita income

equalisation

deficit

Infrastructure

Discipline

FIRST (1952-57)

Income Tax: 55 %

80.0

20.0

Union Excise: 40 %

100.0

SECOND (1957-62)

Income Tax: 60 %

90.0

10.0

Union Excise: 25 %

90.0

10.0

THIRD (1962-66)

Income Tax: 66.66 %

80.0

20.0

Union Excise: 20 %

100.0

FOURTH (1966-69)

Income Tax: 75 %

80.0

20.0

Union Excise: 20 %

80.0

20.0

FIFTH (1969-74)

Income Tax: 75 %

90.0

10.0

Union Excise: 20 %

80.0

6.66

13.34

SIXTH (1974-79)

Income Tax: 80 %

90.0

10.0

Union Excise: 20 %

75.0

25.0

SEVENTH (1979-84)

Income Tax: 85 %

90.0

10.0

Union Excise: 40 %

25.0

25.0

25.0

25.0

EIGHTH (1984-89)

Income Tax: 85 %

22.5

10.0

45.0

22.5

Union Excise: 45 %

25.0

50.0

25.0

NINTH (1989-90)

Income Tax: 85 %

22.5

10.0

45.0

11.25

11.25

Union Excise: 40 %

25.0

50.0

12.5

12.5

NINTH (1990-95)

Income Tax: 85 %

22.5

10.0

11.25

45.0

11.25

Union Excise: 45 %

25.0

12.5

33.5

12.5

16.5

TENTH (1995-2000)

Income Tax: 77.5 %

20.0

60.0

5.0

5.0

10

Union Excise: 47.5 %

20.0

60.0

5.0

5.0

10

ELEVENTH (2000-05)

All Union Taxes: 29.5 %

10.0

62.5

7.5

7.5

5.0

7.5

TWELFTH (2005-10)

25.0

50.0

10.0

7.5

7.5

All Union Taxes: 30.5 %

Source: Report of the Twelfth Finance Commission 2005-10.