Monday, April 18, 2011

Systematic Loot Goes On ------------------- 1

AMOUNTS WRITTEN OFF FROM : INCOME TAX, CUSTOMS AND EXCISE DUTY ( IN CRORES )

HEAD 05-06 06-07 07-08 08-09 09-10 10- 11 TOTAL in6 years

CORPORATE

Income Tax 34618 50075 62199 66901 72881 88263 374937

Excise Duty 66760 99690 87468 128793 169121 198291 749623

Customs Duty 127730 123683 153593 225752 195288 174418 100463

Grand Total 229108 273447 303260 420946 437290 460972 2125023

Based on written off amounts in revenue statement of central govt. budgets of past years .

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