Chief Secretary Aditya Prasad Padhi on Tuesday asked officers to scale up revenue generation by 10 per cent over the previous year and to focus on arrear revenue collection.
Revenue collection of the state both from tax and non tax sources had grown by 19 per cent in 2017-18 fiscal over the previous year – 2016-17. A meeting convened to fix target for revenue generation this year was held here.
Reviewing the trend of revenue collection, Chief Secretary Sri Padhi directed the departments to focus on collection of arrear revenue on different establishments.
The departments were advised to make ‘case to case analysis’ of the long pending cases and finalize those on the basis of one time settlement. Principal Secretary Finance Tuhin Kanta Pandey appraised that the total revenue collection from own tax sources reached Rs. 28682.56 crore during the year 2017-18 thereby recording a growth of 25.51 per cent over the last year.
The major sources of own tax includes the professional tax, land revenue, stamp & registration fees, state excise, commercial taxes including GST share, vehicle taxes and electricity duties.
Collection from non-tax sources during the same fiscal has also reached Rs 8047 cr. The major sources of nontax revenue include mining royalty, industrial water rate, irrigation water rate, interest and dividend from various sources and other departmental receipts.
The overall tax generation from both the tax and nontax sources has shown a growth of around 19% with a total collection of Rs.36729.51 during 2017-18. Deputy Secretary Finance Satya Ratha while presenting the updates said, “ presently about 92% of the states’ own revenue is being received electronically”.
Electronic mode of payment has been rolled out in commercial tax, mining revenue, excise duty, electricity duty & inspection fees, motor vehicle tax, stamp & registration fees, land revenue, industrial water rate, forest royalty and GO-SWIFT Single Window Portal.