Adityanath seeks ways to boost tax revenue as UP misses April target by 90%

Chairing a review meeting here, Adityanath directed the revenue minister and other senior officials to look at additional sources of revenue and accelerate tax collection

Amid falling tax collections, Chief Minister Adityanath on Saturday asked officials to prepare a roadmap for shoring up revenues, which have received a beating over the past two months following the nationwide lockdown.

On Wednesday, the state government had announced a tax hike for liquor and fuel, which is expected to yield additional tax revenue of just Rs 4,420 crore to the exchequer during the current financial year 2020-21.

Considering that the UP tax collection in April 2020 stood at Rs 1,178 crore against the target of Rs 12,141 crore, the state government is hard pressed to explore additional sources of revenue