Home STATE Odisha’s own tax revenue collection up by 10%

Odisha’s own tax revenue collection up by 10%

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Odisha Sun Times Bureau
Bhubaneswar, Oct 9: Odisha’s own tax revenue has jumped to 10.19% over last year’s performance by end of August this year.

This was revealed at a high level meeting presided over by chief secretary GC Pati at the State Secretariat here on Wednesday.

Reviewing revenue augmentation from various sources, Pati asked the concerned departments to settle tax and royalty disputes through mutual and bilateral discussions instead of registering cases and delaying the process.

It was decided that a systematic survey of various types of dealers will be conducted regularly and necessary legal steps will be taken to curb sales tax evasion.

The chief secretary also suggested community based localized system to check illegal mining.

As per the available data, there has been 21.68% increase in the collection of Professional Tax over the last year’s collection (Rs 56.44 crore).

While collection of land revenue has increased by 18.60% over last year collection Rs 119.97 crore), revenue collection from vehicles, excise and electricity duties have also increased by 23.88%, 25.50% and 22.47% respectively.

However, revenue collection from stamps and registration and other taxes till August end this year has failed to catch up previous year’s collection, the meeting revealed.

The meeting also discussed the recommendations of the Expert Committee on revenue enhancement measures.

Among others, recommendations of the committee on Commercial Tax, State Excise duty, Motor Vehicle Tax, land revenue, Stamp Duty and Registration, electricity duty, mining royalty, Forest revenue, Irrigation and Industrial water tax, apartment ownership etc were also discussed at the meeting.

The concerned departments were asked to look into the recommendation of the committee on revenue implication and suggest necessary measures for implementation.

Additional chief secretary, Revenue, Dr Taradatt, additional chief secretary Finance, UN Behera, principal secretary and secretary of concerned departments were present at the meeting.