Despite the gruelling impact of the ongoing Covid pandemic and disruption in economic activity due to lockdown, Uttar Pradesh achieved record tax and non-tax revenue of Rs 8,272.55 crore in May while in the corresponding period last year, the collection was Rs 5,829 crore. Revenue recovery increased by Rs 2,452,51 crore, as compared to last fiscal. In April this year, revenue realisation was Rs 11.196.49 crore against a target of Rs 13,175 crore and during the same period last year, it was only Rs 1,298 crore. This was stated by Finance and Medical Education minister Suresh Khanna in Lucknow on Friday.
Khanna further said, “The positive growth in revenue recovery during the pandemic is a welcome sign for the state’s economy. The collections from GST and VAT in May were Rs 2,771.32 crore against Rs 1,939 crore in May, 2020. Revenue from VAs this year in May was 2,286 crore against 1,266 crore in May last year. Besides, revenue from motor and vehicle tax was Rs 214,76 crore in May this year. Revenue from alcohol or from the Excise department in May was 2,136.86 crore against Rs 2,169 crore in May, 2020. Earnings from stamps and registration in May was Rs 625.03 crore against Rs 349, 52 crore in May last year. Also the revenue from the Transport department in May this year was Rs 314, 62 crore against Rs 99, 86 crore in the same month last year.”
On non-tax revenue collection, the Finance minister said that collection from Geology and Mining in May was Rs 136, 28 crore which was 40.3 percent of the target for the month of May in this fiscal while the collection from mining in May 2020 was Rs 242.24 crore.