Bar Charts
Data Interpretation

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Common Information

The bar charts given below shows the details of the "Budgeted I-Tax" collections and the "Actual I-Tax" collections of India in each of the years from 2004-05 to 2008-09. Bar Chart-I shows the details of the Total I-Tax collections and bar chart-II shows the details of the Corporate I-Tax collections.

There are only two categories of taxpayers in India "Individual Taxpayers" and "Corporate Taxpayers". All the figures are in Rs. crores.

Common information image for Bar Charts, Data Interpretation:1167-1

\[ \text{Efficacy Ratio} = \left(\dfrac{\text{Budgeted I -Tax Collections}}{\text{Actual I - Tax Collections}}\right)\]

Q.

Common Information Question: 1/4

If the absolute growth of Total I-Tax collections (Budgeted) in the year $2007-08$ as compared to the previous year had been the same as the growth of Total I-Tax collections (Actual) in the year 2008-09 as compared to the previous year, then the Individual I-Tax collections (Budgeted) (in Rs. crores) for the year 2007-08 would have been (Assume all the other values remain the same):

 A.

135

 B.

145

 C.

120

 D.

115

 E.

125

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Solution:
Option(B) is correct

As per the data given in the question there are total two categories of taxpayers Corporate and Individual, which contribute to the Total I-Tax collections.

Table below can be scrolled horizontally

 

Budgeted I-Tax collections(In Rs. crore)

 

Actual I-Tax collections(In Rs. crore)

Year

Total

Corporate

Individual
=(Total - Corporate)

Total

Corporate

Individual
= (Total - Corporate)

2004-05

275

235

40

285

240

45

2005-06

345

300

45

335

307

28

2006-07

395

340

55

405

335

70

2007-08

520

425

95

540

430

110

2008-09

730

560

170

715

500

215

Growth of Total I-Tax collections (Actual) in the year $2008-09$ over the previous year:

$= 715 – 540$

$=$ Rs. $175$ crores

Total I-Tax collections (Budgeted) in the year $2006-07$:

$=$ Rs. $395$ crores

⇒ Total I-Tax collections (Budgeted) in the year $2007-08$ would have been:

$= 395 + 175$

$=$ Rs. $570$ crores

⇒ Individual I-Tax collections (Budgeted) for the year $2007-08$ would have been:

$= ( 570 – 425)$

$= \textbf{Rs.145 crores}$


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