Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« General »
Open DEMAT Account in 24 hrs
 New tax regime vs old tax regime: What's point at which tax outgo is the same in both regimes? Check salary and deduction levels
 Advance Tax Paid, Do You Still Need To File ITR? Check Details Here
 Centre seen to have met FY24 gross tax target
 6 income tax rules that salaried should know as financial year 2024-25 starts from today
 How to calculate income tax on stock market gains along with your salary?
 Moonlighting for Additional Income? Know Its Tax Implications
 Have you claimed education cess? Be prepared to pay tax as per the new rules
 Reserve Bank - Integrated Ombudsman Scheme, 2021 (RBIOS, 2021)
 How is tax computed for selling a house?
 How much tax do you pay on equity investments?
 Fuel taxes: Centre s gains striking since FY16

30.8 % tax collections growth during April-November in Uttarakhand
December, 31st 2010

Powered by the increase in value added tax (VAT) and other taxes, Uttarakhand mopped up Rs 4,065.03 crore in tax collections, registering a robust growth of 30.8 per cent during April-November this year.

The new figures available with the finance department revealed the impressive growth in taxes was largely due to the increase of 0.5 per cent to 1 per cent in VAT from April 1 this year. The total collections of VAT has now reached Rs 1,812.72 crore against last years Rs 1,382.38 crore ended November with a growth of 31.1 per cent.

The real estate sector also showed buoyancy with the government collecting

Rs 281 crore in stamp registration against Rs 257 crore during last year with an annual increase of 9.4 per cent.

Revenues in excise also showed good trend with the state collecting Rs 479.30 crore with a growth of 6.3 per cent during the period. Last year, the excise revenues were Rs 450.50 crore.

The sales of automobiles in Uttarakhand also registered a growth of 17.3 per cent with the collections touching Rs 141.59 crore this financial year against last years collections of Rs 120.68 crore.

We have been holding periodic meetings so that the state can earn higher revenue. Already, committees had been set up under the Chief Secretary as well as on the Vidhan Sabha level in this regard, a government official said.

However, collections in non-taxes could not get desired results despite the efforts launched by chief minister Ramesh Pokhriyal Nishank. The forest sector showed a negative growth of 13.8 per cent in the state where tax collections came down to Rs 14 crore from the last years collections of Rs 16 crore.

Similarly, power is another sector which has been causing headaches with its negative growth rate. This was mainly due to the purchases of electricity at higher rates during the lean season as the hydropower sector took a beating during the last two years.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting