Taxes on crude oil and fuel products bring in a significant part of tax revenues for both the Centre and states
Share of taxes on crude oil & petroleum products in total tax revenues (%)
Note: 1. The denominator here for Centre is ‘tax revenues (net to Centre)’ and for states is ‘states’ own tax revenues’. 2. Oil tax figures for 2019-20 are provisional. 3. States’ own tax revenues are revised estimates for 2018-19 and budget estimates for 2019-20. 4. Tax revenues (net to Centre) are revised estimates for 2019-20.
Source:Petroleum Planning & Analysis Cell; Union budget documents; State Finances: A Study of Budgets 2019-20, Reserve Bank of IndiaGet the data