Tax collection in Delhi grows by 23% over last year

 – Delhi

The Delhi Government has collected a record tax revenue of Rs 16,478 crore in the year 2010-11, registering a growth of 23 per cent over 2009-10.

“The collection has gone up from Rs 13,448 crore in 2009-10 to Rs 16,478 crore in 2010-11,” Chief Minister Sheila Dikshit, who also holds the charge of Finance department, said.

She said Value Added Tax (VAT) has fetched a maximum of Rs 12,068 crore in the year 2010-11 against a collection of Rs 10,126 crore in the preceding fiscal, posting a growth of 19.18 per cent.

The collection through tax on vehicles has surged by 52.93 per cent compared to collection in 2009-10. The government collected Rs 707 crore in 2010-11 against Rs 462 crore in 2009-10.

“Percentage-wise, we achieved maximum rise in revenue collection through tax on vehicles.

profile image

About Taniya

Taniya | Associate

eMinds Legal Consulting Pvt. Ltd. is a Consulting Firm in India specialzing in Corporate Laws, Compliances, Secretarial, FEMA, Indirect Taxation, Cyber Laws & Contracts. The Firm comprises of a team of professionals of Company Secretaries, Lawyers and Chartered Accountants with an in-depth subject matter knowledge and participative industry experience of over 12 years.

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates