Delhi earned over Rs.8,300 crore in taxes

By IANS,

New Delhi: The Delhi government earned Rs.8,394 crore from various taxes in the last eight months, an official statement said Thursday.


Support TwoCircles

Delhi Chief Minister Sheila Dikshit reviewed the progress of tax revenue collection in 2009-2010. The meeting was also attended by state Finance Minister A.K. Walia and senior officials.

“A discussion took place to compare revenue collection during eight months of 2009-10 and eight months of financial year 2008-09. It was observed that there has been an overall increase of 3.4 percent in revenue collection,” said the official communique.

“The collection which was Rs.8,119 crore (Rs.81.19 billion) in 2008-09 has gone up to Rs.8,394 crore (Rs.83.94 billion) in 2009-10. The increase recorded in state excise is 13.2 percent whereas it is 14.1 percent in betting tax. There has also been five percent increase in VAT (value added tax) collection,” the statement added.

“There has been marginal decrease in stamps and registration fees (-3.6 percent) and taxes on motor vehicle (-3.3 percent),” it said.

SUPPORT TWOCIRCLES HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE