Maharashtra tax revenues up 31% in Apr-May Maharashtra tax revenues up 31% in Apr-May Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« Top Headlines »

Open DEMAT Account in 24 hrs
ITR filing deadline extension now demanded by this Tax Bar Association due to many issues including technical glitches with ITR portal
GST Rule Changes for FY 2025 26
Income tax return filing 2025: Five ITR mistakes that can trigger an income tax notice in 2025
ITR filing What is updated income tax return and ITR U Who can file & what you can t change - top points to know
Shifted to new tax regime? Here are 5 investments you shouldn't drop
Auditing and Assurance Standards Board Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects.


« Over 1 lac I-T assessees added in AP...	Time limits for claiming benefits... »
Maharashtra tax revenues up 31% in Apr-May

June, 17th 2006
News 17th June, 2006 Maharashtra tax revenues up 31% in Apr-May Tax revenues of Maharashtra have recorded a 31.11-per-cent increase in the first two months of the current fiscal to touch Rs 4,142 crore compared to a level of Rs 3,159 crore achieved in the same period last year. Official sources said the State's VAT revenues (including that of petrol, liquor and diesel) for April-May increased by about 34 per cent to Rs 3,564 crore (Rs 2,660 crore). Maharashtra reported tax revenues of Rs 18,669 crore in fiscal 2005-06, which is about 11 per cent higher than the level of Rs 16,815 crore achieved in the previous year. During the fiscal, the State has made a VAT compensation claim of Rs 3,600 crore from the Centre. Out of this claim, the Centre has disbursed about Rs 1,373 crore.