Question : SURCHARGE ON IT FOR GUJARAT EARTHQUAKE



(a) the amount collected by Government of India by levy of surcharge on Income Tax for Gujarat Earthquake;

(b) the amount disbursed to Government of Gujarat out of the collected surcharge;

(c) the amount yet to be disbursed to Government of Gujarat;

(d) the reasons for delay in disbursement; and

(e)the time by which the remaining amount is likely to be disbursed?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI P. CHIDAMBARAM)

(a) to (e): A statement is laid on the Table of the House.

SATEMENT REFERRED TO REPLY TO PARTS (a),(b), (c), (d) AND (e) of LOK SABHA STARRED QUESTION NO. 119 FOR ANSWER ON 24.2.2006

(a) The surcharge on income tax for Gujarat earthquake was in force for financial years 2000-01 and 2001-02. An amount of Rs.2,187.82 crore has been collected under head `Surcharge` for financial year 2000-01. This amount also includes collection in respect of surcharge for other purposes including kargil war and National Calamity Contingency Fund (NCCF). Separate figures for collection in respect of surcharge for Gujarat earthquake for 2000-01 are not available.

In finaicial year 2001-02, there was no other surcharge on income tax in force except surcharge for Gujarat earthquake. A collection of Rs. 556.89 crore has been reported under the head `Surcharge` for financial year 2001-02.

(b)The Central Government has disbursed to the Government of Gujarat an amount of Rs. 500 crore in financial year 2000-01and an amount of Rs. 967.37 crore in financial year 2001-02 from the National Calamity Contingency Fund (NCCF).

(C)The entire amount due to be disbursed to the Government of Gujarat, as per the norms laid down under NCCF, for earthquake relief and rehabilitations has already been disbursed to it. No further amount is proposed to be disbursed to the Government of Gujarat from NCCF on account of earthquake relief and rehabilitaion. There is no necessary correspondence between amount collected as surcharge and the amount disbursed for a calamity from NCCF.

(d) Does not arise in view of reply to para (c) above.

(e) Does not arise in view of reply to para (c) above.