Tax revenue up 22 per cent, non-tax revenue surges 66%

Tax revenue in the state in the April-January period of 2010-11 has reached Rs 15,300.07 crore, registering a growth of 21.92 per cent over Rs 12,548.39 crore recorded in the corresponding period of the previous fiscal.

The tax revenue collection at Rs 15,300.07 crore is an achievement of up to 74.31 per cent of the Budgetary Estimate of Rs 20,364.18 crore for 2010-11.

The state government had achieved 70.39 per cent of the Budgetary Estimate (BE) in the same period of 2009-10.

Similarly, the state has clocked non-tax revenue of Rs 3,115.06 crore which is 98.39 per cent of the BE of Rs 3,165.98 crore. In the same period of 2009-10, the state's achievement was 83.71 per cent of BE. The state government has achieved a growth of 65.96 per cent over Rs 1,876.89 crore achieved in the April-January period of 2009-10.

Within the tax revenue, corporation tax stood at Rs 2,979.70 crore, a growth of 22.57 per cent over the previous fiscal.

The state excise collection moved up from Rs 566.43 crore to Rs 739.28 crore, registering an increase of 30.51 per cent. Motor vehicle tax rose from Rs 467.20 crore to Rs 544.36 crore, marking a growth of 16.51 per cent.

Customs collection stood at Rs 1,154.70 crore, a growth of 11.48 per cent over Rs 1,035.78 crore recorded in the same period of 2009-10.

Service tax collection moved up marginally from Rs 732.78 crore to Rs 739.60 crore in the said period.

Land revenue went up from Rs 153.50 crore to Rs 223.15 crore, representing a surge of 45.37 per cent.

Similarly, stamps & registration fees rose from Rs 287.62 crore to Rs 336.12 crore, an increase of 16.86 per cent.

In the non-tax revenue category, revenue from non-ferrous mining & metallurgical industries was the single largest contributor at Rs 2,626.58 crore, a jump of 82.12 per cent over Rs 1,442.18 crore recorded in the same period of 2009-10.