MoU inked for measures to raise revenue

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The Delhi Government and Centre for Effective Governance of Indian States (CEGIS) have signed a Memorandum of Understanding (MoU) on Wednesday for carrying out a detailed study of measures for State revenue augmentation.

Delhi Deputy Chief Minister Manish Sisodia said, “It is an important step in the Delhi government’s resolve to bring in tax reforms. We have tied up with CEGIS who will provide us with high-end analysis to move forward. They will provide us with comprehensive data analysis related to GST, vehicle tax, stamp duty, excise duty, along with comparative state analysis for benchmarking to further improve our tax revenue capacity.”

Sisodia said, “The people of Delhi will benefit extensively as based on the outcome of the study, Delhi may see newer tax reforms and enforcement measures in the near future.”

The MoU was signed between CEGIS and the planning department, in the presence of Sisodia and Jasmine Shah, Vice Chairperson, Dialogue and Development Commission.

At the meeting, Sisodia said the Delhi Government has given relief to businesses and the citizens of Delhi by taking significant tax reforms since the beginning.

“The Delhi government has faced challenges in increasing its revenues. Therefore, with the long-term MoU, CEGIS will offer technical and analytical support for data analytics, and implementation of policies in priority areas of the government to improve the governance and public service delivery in Delhi, he said.

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