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Rajin Hero Username: Rajin Post Number: 14846 Registered: 05-2012 Posted From: 172.56.35.181 Rating: |
Vijawada 1 and 2 divisions anta visakhapatnam okate antaa denemma kamedy denkaa  | ||
Rajin Hero Username: Rajin Post Number: 14845 Registered: 05-2012 Posted From: 172.56.35.181 Rating: |
Half difference enevaadu ep ayithe  | ||
Inquisitive Comedian Username: Inquisitive Post Number: 1607 Registered: 09-2014 Posted From: 24.251.166.131 Rating: N/A |
Telangana grew 27% it seems. http://economictimes.indiatimes.com/news/politics-and-nation /telanganas-tax-revenues-grow-27-this-fiscal/articleshow/527 59989.cms "Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963 | ||
Dhonifan Side Hero Username: Dhonifan Post Number: 7937 Registered: 12-2012 Posted From: 98.160.142.90 Rating: N/A |
Highlights The AP govt has earned a revenue of Rs 8,250 crore from commercial taxes, the highest increase in any state in the country Riding high on increased prices of cigarettes and liquor, the state has reported a 23.63 per cent increase in tax revenue Earlier, the tax revenue from Vijayawada used to hover around Rs 600 crore which has crossed Rs 1,250 crore for the first time | ||
Dhonifan Side Hero Username: Dhonifan Post Number: 7936 Registered: 12-2012 Posted From: 98.160.142.90 Rating: N/A |
Hyderabad: The Andhra Pradesh government has earned a revenue of Rs 8,250 crore from commercial taxes, the highest increase in any state in the country. Riding high on increased prices of cigarettes and liquor, the state has reported a 23.63 per cent increase in tax revenue. The latest figures for the quarter ended in June, 2016 have shown dramatic growth in all revenue earning sectors. While the income from taxes on cigarettes and liquor continues to grow more than the national average, the state lags behind in revenue from petro products and major public sector undertakings. AP has reported better revenue in the first quarter of the year. Figures show nearly 24 per cent increase in June. We are expecting further improvement in other sectors including petroleum products and manufacturing as many new industries are coming up in the state," Ajey Kallam, special chief secretary, finance department told TOI. The state received Rs 173 crore from tax on cigarettes, Rs 2,040 crore from liquor, Rs 2,208.83 crore from petroleum products and Rs 41.40 crore from major PSUs. While tax in the form of VAT and CST was reported at Rs 7812.70 crore, income from other taxes totalled Rs 437.3 crore. Vijayawada continues to race ahead of other districts in the state with over Rs 999.96 crore revenue in just three months. Post bifurcation and announcement of Amaravati as capital, the Vijayawada region was divided into two tax divisions, Vijayawada-I and Vijayawada-II. The two divisions combined have earned Rs 1,297.31 crore. It was followed by Visakhapatnam with Rs 430.56 crore and Kurnool with Rs 247 crore. Interestingly, most of the companies which have shifted their base from Hyderabad have reported steep growth in sales during the first quarter in the current fiscal. Earlier, the tax revenue from Vijayawada used to hover around Rs 600 crore which has crossed Rs 1,250 crore for the first time. "The growth is indicative of changing economics in favour of AP. For the first time, all the dynamics of tax structure are showing positive movement. But to sustain the double digit growth, we need to make the system more transparent and business-friendly. The CM has already directed revenue generating departments in that direction," A Kutumba Rao, economist and vice-chairman of AP planning board told TOI. Top Comment Its a good news. If Jagan would have become CM, he would have sold out AP to Telanagana.krushna.db However, the state government is worried over not so an impressive income from petro products. Against a target of Rs 2,706 crore, the state could earn only Rs 2,208 crore in the first quarter of the fiscal. "AP has been imposing higher tax on petrol and diesel apart from Rs 4 additional cess on diesel. To avoid high prices in the state, truck operators have been purchasing fuel in neighbouring states causing drop in sale in the state," pointed out an official of the commercial tax department. Though it was planned to remove the additional cess, CM did not agree to this and asked transport department to study the pros and cons of higher tax on petro products and submit it to the cabinet. | ||
Dhonifan Side Hero Username: Dhonifan Post Number: 7935 Registered: 12-2012 Posted From: 98.160.142.90 Rating: N/A |
sorry wrong. article rasinodu highest increase in tax, 23 percent increase. deenni highest collected tax ani esesadu | ||
Dhonifan Side Hero Username: Dhonifan Post Number: 7934 Registered: 12-2012 Posted From: 98.160.142.90 Rating: N/A |
Home Vijayawada Guntur News Visitors Info Leaders Info Daily Updates Andhra Pradesh Earns Revenue of Rs 8,250 Crore from Commercial Taxes, Highest in the Country. Amaravati Voice News 11 July 2016 Hits: 5 ap no 1 19042016 Andhra Pradesh Government has earned Rs.8,250 crore revenue from commercial taxes, according to the article published by "Times of India". This is the highest by any state in the country. Andhra Pradesh state has shown an increase of 23.63% in tax revenue for the quarter ended June 2016. Andhra Pradesh reported better revenue in the first quarter of the year, compared to the figures last year. Here are the revenue sources from various departments: The state received Rs 173 crore from tax on cigarettes Rs 2,040 crore from liquor Rs 2,208.83 crore from petroleum products Rs 41.40 crore from major PSUs Tax in the form of VAT and CST was reported at Rs 7812.70 crore Income from other taxes totalled Rs 437.3 crore. Cities Contributing: Vijayawada stood first in the state with over Rs 999.96 crore revenue in the first quarter Visakhapatnam stood in second position with Rs 430.56 crore Kurnool stood in third position with Rs 247 crore |
