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Gurgaon garners tax collection 200 times in 2 decades: ASSOCHAM

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ANI New Delhi

According to a recent ASSOCHAM study, Gurgaon has been successful in achieving the live investments of Rs 3.5 lakh crore for almost 70 percent of total investments worth Rs 5 lakh crore attracted by Haryana in the live projects till the last fiscal.

As per the study "Haryana's economy: Gurgaon grows & Faridabad falters", robust industrial development in Gurgaon has increased during past two decades with a total tax collection by almost 200 times.

Gurgaon has also registered faster implementation of investment projects as almost 95 per cent of these projects are under different stages of implementation while only about five per cent of investment projects have remained non-starter.

 

The study was jointly released by P.K. Jain, Chairman, ASSOCHAM National Council on MSMEs and D.S. Rawat, secretary general, ASSOCHAM.

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First Published: Oct 09 2015 | 10:25 AM IST

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