Projection of Quarterly CT and IT Receipts for the FY 2005-06 and FY 2005-06
Publication dateJan, 2005
DetailsReport submitted to the Ministry of Finance
AuthorsA. L. Nagar, Sanjay Kumar, Sayan Samanta
Tax receipts model is primarily targeted at short-term forecasting and monitoring monthly (quarterly) tax receipts over a financial year.
In this paper we have used quarterly tax data available upto the second quarter of 2005 to forecast tax revenue (CT and IT) for the FY 2005-06. In the second paper, we use the tax receipts model to forecast CT and IT for the FY 2005-06, using quarterly tax receipts data upto the third quarter of 2005.