Income tax collection (ITR) filing: Collection in Haryana is up 12%, says Minister
Income tax collection (ITR) filing: Tax collection in Haryana has increased by an average of 12 per cent during the last four years, a minister said today.
Income tax collection (ITR) filing: Tax collection in Haryana has increased by an average of 12 per cent during the last four years, a minister said today. The collection which was Rs 25,567 crore in 2013-14, has increased to about Rs 41,000 crore in 2017-18, Haryana Finance Minister Capt Abhimanyu said. "Haryana is leading in every field, and this achievement is the result of the transparent policies pursued by the state government," he said.
The growth of tax collection, which was 8.52 per cent in 2013-14, has now increased to 20.76 per cent, which is a great achievement. The collection includes stamp and registration fee, excise duty, vehicle tax and sales tax/GST, he said in a statement. Capt Abhimanyu said the financial condition of Haryana was improving. "While on one hand, government funds are being utilized appropriately, on the other hand, the tax collection has gone up," he said.
Further giving details about the tax collection, the minister said, "the tax collection was Rs 25,567 crore in 2013-14, Rs 27,635 crore in 2014-15, Rs 30,930 crore in 2015-16, Rs 34,026 crore in 2016-17 and Rs 41,000 in 2017-18. In terms of annual increase, which was 8.52 in 2013-14, has reached 20.76 per cent in 2017-18".
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Retirement Planning: Investment Rs 20 lakh, retirement corpus goal Rs 3.40 crore; know how you can achieve it
08:57 AM IST