The Arvind Kejriwal Government has spent Rs14,965 crore out of Rs16,400 crore (revised) planned Budget 2015-16. Deputy Chief Minister and Finance Minister Manish Sisodia on Tuesday released the final statistics on the status of Plan Expenditure and Revenue Collection for the financial year 2015-16.
As per data, an amount of Rs14,965 crore was spent under Plan during 2015-16. The regular Budget was approved in June 2015 and most of the works were actually taken up from July, 2015 onwards. The Plan expenditure during the last four years was within the range of Rs13,422 crore to Rs14,271 crore. The Plan expenditure of Rs14,965 crore incurred during 2015-16 was the highest during the last four years.
The growth in tax collection during 2015-16 is 13.6 per cent as compared to 2.6 per cent in 2014-15 and 10.6 per cent in 2013-14. The total tax collection during 2015-16 is Rs30,225 crore which is 96.4 per cent of revised estimates of tax collection of Rs31,370 crore. The collection under Stamps & Registration Fees during 2015-16 is Rs3,434 crore with a growth of 20.8 per cent over the previous year collection of Rs2,842 crore.
There was a negative growth under Stamp & Registration Fee during the last two years. In case of State Excise, the total collection in 2015-16 is Rs4,238 crore with a growth of 23.8 per cent over previous year. The growth in 2014-15 in State Excise was 8.6 per cent and 9.8 per cent in 2013-14. Growth rate under VAT was 10.7 per cent with a collection of Rs20,246 crore as compared to Rs18,289 crore collected in 2014-15. The growth under VAT during 2014-15 was only 2 per cent. The growth under Entertainment Tax during 2015-16 is about 60 per cent as against 3.3 per cent growth during 2014-15. The growth under luxury Tax is 33 per cent in 2015-16 as compared to 7.8 per cent growth in 2014-15.