India | Taxes less subsidies on products (current US$)

Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of India
Records
63
Source
India | Taxes less subsidies on products (current US$)
1960 2035208733.9087
1961 2303808160.6082
1962 2674898107.8981
1963 3294071439.9714
1964 3758864123.5641
1965 4352338208.7358
1966 3121317351.4286
1967 3251689830.6667
1968 3644432001.3333
1969 4076415045.3333
1970 4584219618.6667
1971 5330083350.87
1972 5790323005.9762
1973 6386493124.7615
1974 7700535252.5202
1975 8585605384.0109
1976 9174587665.4397
1977 10040930947.19
1978 12323472764.495
1979 14425001795.354
1980 16873597202.514
1981 18123845279.032
1982 19022717262.912
1983 19831146227.55
1984 18835782853.179
1985 22680835718.845
1986 25075639979.666
1987 28764249566.257
1988 29030137482.612
1989 28241316826.965
1990 31376822854.278
1991 25532000811.629
1992 27783378627.652
1993 24397325727.414
1994 29868331572.058
1995 33554516412.009
1996 34493079747.996
1997 35093756070.814
1998 33587814362.895
1999 39705279149.032
2000 40355812211.752
2001 39659847933.475
2002 41674632907.836
2003 49195432718.568
2004 62769175038.614
2005 68937452470.547
2006 77290136226.92
2007 101457374069.34
2008 74209073350.33
2009 82519067063.769
2010 120890016176.79
2011 131336325975.11
2012 136249430885.73
2013 143858079214.68
2014 157609194127.16
2015 182893382866.38
2016 212677144655.46
2017 245811867863.88
2018 246634520947.08
2019 242954702515.34
2020 221104201132.24
2021 272754677108.07
2022 313289878289.56

India | Taxes less subsidies on products (current US$)

Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of India
Records
63
Source