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Andhra Pradesh sees Higher Revenues

Chalanachithram.com DB » New TF Industry Related » Archive through June 09, 2015 » Andhra Pradesh sees Higher Revenues « Previous Next »

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Swavas
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Username: Swavas

Post Number: 165
Registered: 11-2014
Posted From: 171.161.160.10

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Posted on Monday, June 08, 2015 - 02:34 pm:       

Hadoop bayya..5 crores dabbulu manavi kadule oorike feel avvaku..
 

Giriqwert
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Username: Giriqwert

Post Number: 2645
Registered: 09-2011
Posted From: 103.6.156.177

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Posted on Monday, June 08, 2015 - 02:18 pm:       


Hadoop:




 

Hadoop
Comedian
Username: Hadoop

Post Number: 1073
Registered: 12-2014
Posted From: 144.160.226.94

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Posted on Monday, June 08, 2015 - 02:14 pm:       

emi prayojanam...mana decoit cm ee dabbulu anni vere states lo corruptions ki vaadtunte.....stage goes to dogs....
 

Giriqwert
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Username: Giriqwert

Post Number: 2644
Registered: 09-2011
Posted From: 103.6.156.177

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Posted on Monday, June 08, 2015 - 02:12 pm:       

though its good news lot more to be done..hand to mouth kanna bad ga undhi actual situation..

monna treasury lo money ledhu ani salaries thappa inkem bills ivvaku ani order icharu :-(
 

Gotcha
Megastar
Username: Gotcha

Post Number: 21059
Registered: 02-2008
Posted From: 8.19.193.14

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Posted on Monday, June 08, 2015 - 02:09 pm:       

HYDERABAD: The finances of Andhra Pradesh are slowly looking up after business and industrial units started functioning from Vijayawada, Visakhapatnam and Tirupati. The shifting of business establishments to AP has been reflected in increased revenue from commercial taxes. The total value added tax (VAT) revenue, which was around Rs 2,000 crore from the 13 districts, witnessed a sharp increase in the month of May.

In May, the VAT revenue reached Rs 2,230 crore, which is the highest for any month since bifurcation. The excise revenue also rose to Rs 143 crore in May as against Rs 117 crore in April. Thanks to increased real estate activity reported in all 13 districts, revenue from stamps and registration rose to Rs 231 crore in May. This was only Rs 136 crore in April, 2015.

"Increase in land registrations has been reported in almost all districts. Guntur and Krishna districts, which come under the capital region, have reported the highest number of registrations," said revenue sources. Buoyed by the increase in revenue, the state government is now mulling to revise market rates of land in eight coastal districts and has asked the revenue department to prepare proposals to effect the same.


However, revenue from the transport sector received a setback following the imposition of inter-state tax by both state governments. In May, the revenue from transport dropped to Rs 168 crore against Rs 275 crore in April.

"AP's economy has reported signs of revival and major economic indicators are showing impressive growth. As against Rs 2,901 crore in April, the revenue in May was Rs 2,993 crore. Most importantly, tax revenue is showing improvement. Business establishments are setting up their branches or opening new offices in the new state to avail industrial incentives," principal finance secretary PV Ramesh told TOI.
This Andhra real estate is for sale.

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