16 per cent more revenue collection in current FY:Walia

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New Delhi, Sep 25 (UNI) Delhi Finance and Planning Minister A K Walia today said the revenue collection in Delhi has gone up by 15.50 per cent during the first four months of the current financial year. About Rs 3948.76 crore collection was made during April to July 2007 whereas an amount of Rs. 3418.77 crore was collected during the corresponding period of previous year.

The collection in respect of stamp and registration fee has gone up from Rs 338.80 crore to Rs 523.34 crore which is 54.47 per cent more than the previous year.

The collection of taxes on vehicles has gone up by 20.63 per cent i.e. from Rs 128.91 crore to Rs 155.50 crore. Collection in respect of other taxes and duties including entertainment, betting and luxury tax has gone up from Rs 108.34 crore to Rs 129.86 crore which shows an increase of 19.87 per cent.

He said that VAT collection has shown an increase of 10.57 per cent which has gone up from Rs 2472.99 crore to Rs 2734.31 crore.

The collection of State Excise has shown an increase of 9.74 per cent which has gone up from Rs.369.73 crore to Rs 405.75 crore.

Dr Walia expressed confidence that trend of increase in revenue collection would be maintained. This would help in consolidating economic position of the city government.


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