Union budget 2008-2009

	2007-2008 Budget Estimates	2007-2008 Revised Estimates	2008-2009 Budget Estimates
REVENUE RECEIPTS
1. Tax Revenue
Gross Tax Revenue	548122	585410	687715
Corporation tax	168401	186125	226361
Income tax	98774	118320	138314
Other taxes and duties	315	315	325
Customs	98770	100766	118930
Union Excise Duties	130220	127947	137874
Service Tax	50200	50603	64460
Taxes of the Union Territories	1442	1334	1451
Less- NCCD transferred to the National Calamity Contingency Fund	1800	1800	1800
Less States' Share	142450	151837	178765
Net Tax Revenue	403872	431773	507150
2. Non -Tax Revenue
Interest Receipts	19308	17464	19135
Dividend and Profits	33925	36108	43204
External Grants	2135	2091	1795
Other Non-Tax Revenue	26471	36842	30836
Receipts of Union Territories	711	820	815
Total Non-Tax Revenue	82550	93325	95785
Total Revenue Receipts	486422	525098	602935
3. CAPITAL RECEIPTS*
A. Non-debt Receipts
1. Recoveries of Loans & Advances@	1500	4497	4497
2. Miscellaneous Capital receipts	41651	36125	10165
Total	43151	40622	14662
B. Debt Receipts to finance Fiscal Deficit
3. Market Loans	109579	110671	100571
4. Short term borrowings	1748	25553	12429
5. External assistance (Net)	9111	9970	10989
6. Securities issued against Small Savings	10510	-1802	9873
7. State Provident Funds (Net)	5000	4800	4800
8. Other Receipts (Net)	15000	12645	-12600
9. Draw-down of cash Balance	...	-18184	7225
Total	150948	143653	133287
Total Capital Receipts (A+B)	194099	184275	147949
Total Receipts	680521	709373	750884
Receipts under MSS (Net)	10000	154831	29806
@ excludes recoveries of short-term loans and advances from States and loans to Government servants, etc.	1530	1510	1495