Delhi’s tax collection falls by Rs.168 crore
August 27th, 2009 - 9:42 pm ICT by IANS ( Leave a comment )New Delhi, Aug 27 (IANS) Delhi government’s revenue collection for the first fiscal quarter has fallen by Rs.168 crore (Rs.1.68 billion) or 3.88 percent compared to last year, Finance Minister A.K. Walia said Thursday.
“There has been collection of Rs.4,176 crore (Rs.41.76 billion) up to July 2009 whereas it was Rs.4,344 crore (Rs.43.44 billion) during the same period last year. The shortfall is around Rs.168 crore,” Walia said.
According to Walia, there has been substantial decrease in collection from stamps and registration fees, entertainment tax, betting tax and luxury tax.
Emphasising that the drop in tax would affect developmental activities, he asked concerned departments to avoid wasteful expenditure and streamline their collection process.
- VAT up in Meghalaya, alcohol costly - Mar 21, 2011
- Delhi's revenue collection goes up 33 percent - Jul 12, 2010
- Yeddyurappa presents surplus budget, levies fresh taxes - Feb 24, 2011
- Delhi earned over Rs.8,300 crore in taxes - Dec 24, 2009
- Fiscal deficit management need of the hour: Pranab - Jan 14, 2012
- DTH services, some household items to become costlier in Delhi - Dec 14, 2009
- Delhi sees 23 percent increase in tax collection - Jan 18, 2012
- Stamp duty collection in Delhi increases by 262 percent - Jul 07, 2010
- Indirect tax collection rises 17 percent - Dec 09, 2011
- Highlights of Union Budget 2011-12 (Part-V) - Feb 28, 2011
- Karnataka revenue declines by 50 percent for FY 2009 - Feb 20, 2009
- Tax-free, revenue-surplus budget for Andhra Pradesh - Feb 23, 2011
- India's defence allocation for 2010-11 raised to Rs.147,344 crore (Second lead, superseding previous story) - Feb 26, 2010
- Each Himachal citizen now carries Rs.3.7 crore debt - Aug 31, 2011
- Highlights of Pranab Mukherjee's budget for 2011-12 - Feb 28, 2011
Tags: delhi government, emphasising, entertainment tax, finance minister, fiscal quarter, luxury tax, New Delhi, registration fees, rs 1, shortfall, stamps, substantial decrease, walia, wasteful expenditure
