CM directs Commercial Tax Dept to collect 6K Cr revenue

| | Ranchi
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CM directs Commercial Tax Dept to collect 6K Cr revenue

Saturday, 08 June 2024 | PNS | Ranchi

Chief Minister Champai Soren directed the Commercial Tax Department to take all appropriate steps to achieve the target of Rs 6000 crore of revenue collection in the first quarter of the current financial year. He said that the work of revenue collection should be expedited. The Chief Minister was reviewing the revenue collection by the Commercial Tax Department today.

On this occasion, the Commercial Tax Department informed that in the first quarter of the current financial year, tax of Rs 3500 crore has been collected as compared to the target of revenue collection of Rs 6000 crore. Along with this, the work of tax collection is being expedited. It is known that the Commercial Tax Department has set a target of earning revenue of Rs 26000 crore in the financial year 2024-25.

The Chief Minister asked the Commercial Tax Department to prepare a comparative report by obtaining GST related assessment in the context of states like Odisha, Bihar, Chhattisgarh and Bengal. On this occasion, the Commercial Tax Department informed that an amount of Rs 165 crore was provided by the Government of India in the financial year 2021-22 as GST compensation, but till now the payment of the amount due is pending.

The Commercial Tax Secretary informed the Chief Minister that efforts are being made by the department to increase revenue through One Time Settlement Scheme. He urged the Chief Minister to give necessary instructions towards filling the vacant posts of Additional Commissioner and Joint Commissioner in the Commercial Tax Department.

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