The city government on Friday claimed that it has collected more than four percent of the yearly tax revenue target in the month of April which was recorded to be Rs 1,401 crore, comprising 4.4 percent of the total tax revenue target of Rs 31,571 crore for the current financial year.
‘The collection under the Value Added Tax (VAT) during April, 2014 is Rs 940 crore followed by Rs 228 crore under the stamp and registration department and Rs 116 crore under the state excise in the month of April,’ a senior Delhi government official said in a statement.
Delhi government is keen to generate more revenues by enhancing liquor prices. Till 16 May, the decision was put on hold in view of the moral code of conduct. The prices of liquor may go up by 10 to 15 percent from July. In other words, tipplers would have to pay from Rs 15 to Rs 30 on each bottle depending on the retail price of liquor.
The transport department has collected Rs 93 crore in April in lieu of registration of new vehicles in the city. The officials also claim that more funds from the plan outlay was utilised in the month of April against corresponding period of last financial year.
‘All the departments have utilised Rs 294 crore of plan funds in the month of April against the approved outlay of Rs 16,000 crore for year 2014-15. Last year, the departments had utilised Rs 158 crore in the corresponding period,’ a senior Delhi government official said in a statement.
The public works department (PWD) has spent Rs 191 crore for the projects under education sector, health sector, roads and bridges and others.
With an aim to meet the tax revenue target, the government has initiated the process of preparation of regular budget of Delhi for current year. The budget will be placed in Parliament after the formation of new government.
The last vote on account (interim budget) of Delhi was passed by the former Congress government on 22 February.