• search

Record tax collection in Bihar: Modi

Written by: Staff
Subscribe to Oneindia News

Patna, Apr 2 (UNI) Bihar Deputy Chief Minister Sushil Kumar Modi, who holds the finance portfolio, has claimed that collection of taxes in the state had registered a phenomenal growth during 2005-06.

''The boost in tax collection is the result of rationalisation of tax rates, persistent efforts of the department to broaden the tax base and positive response from trading community,'' he told mediapersons here.

Mr Modi said according to quick estimates, a total of Rs 2381.04 crore had been collected against sales tax, which was an all time high record.

Buoyed by the achivement, the government had set a target to collect Rs 3,000 crore as sales tax during the financial year 2006-07, he added.

Mr Modi said tax collection by the mines and geology department surpassed its target by seven per cent during the just concluded financial year.

'' An amount of Rs 95.96 crore has been collected by the said department against a target of Rs 89.90 crore,'' he said.

UNI XC-BNG TJP SY VC1120

For Breaking News from Oneindia
Get instant news updates throughout the day.

X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more