YS Jagan Review Meet: Post-Covid GST and Other Revenues Back on Track

Date:

Amaravati: Chief Minister YS Jagan Mohan Reddy has directed the officials to study different revenue generating policies and methods in vogue in the states which are performing better than AP so that the State can implement improvised policies. At a review meeting on revenue generating departments held here on Thursday, officials told the Chief Minister that the State is gradually overcoming Covid-19 blues while GST and other revenues are closer to targets.
They explained that the GST gross collections in the State till Dec 2022 stood at 26.2 per cent as against the national average of 24.8 percent surpassing Telangana, Tamil Nadu and Gujarat in which the GST collections stood at 17.3 %, 24.9% and 20.2 % respectively.
He was informed that the GST collections in the state which stood at Rs, 26,360.28 crore by end of January 2022 went up to Rs 28,181.86 crores by January 2023 recording a hike of 6.91% in the same period. When GST and excise collections, professional taxes and taxes on petrol are seen together, the collections stood at Rs. 43,206.03 crore by January 2023 as against the target of Rs. 46,231 crore, they explained, adding the State achieved 94 % of the targets fixed for tax collection.

They said that the tax collections are improving gradually as they have brought key changes in tax collection methods by introducing liberalised policies, making use of data analytics, improving the functioning of the department and by providing proper training to the staff.

Share post:

Popular

More like this
Related

Telangana Police honored for significant contribution to development of Samanvaya platform

The Union Ministry of Home Affairs has conferred recognition...

Will Revanth govt take up ‘Caste Survey’ in Telangana?

While Congress national leader Rahul Gandhi is working as...

Discover Hyderabad’s Culinary Gem: Vasanthi Singampalli @tastydrips

In the vibrant culinary scene of Hyderabad, one name...

Neelam Madhu Mudiraj now aspires for a berth in Telangana Legislative Council

By M. Rajanikanth | Bureau Chief A politically ever-active...