The tax revenue collected up to the second quarter of the current financial year 2012-13, stood at Rs 23,142 crore as against the revenue yield of Rs 18,336 crore during the half year ending of the last financial year. This reflects an increase in growth rate of 26 per cent.
This was informed during the review meeting convened by Minister for Commercial Taxes and Registration Minister BV Ramanaa, who took over the portfolio a few days ago.
With a view to aid implementation of welfare schemes and social security schemes announced by Chief Minister J Jayalalithaa and to further augment the revenue beyond the target of Rs 51,332 crore fixed for the current financial year, the minister instructed the officials to ensure collection of revenue from all possible avenues to enable an upward trend in the growth of the State. During the meeting, the minister advised the officials to focus on collection of monthly returns and immediate scrutiny of the same, finalisation of pending assessments, collection of arrears and shop inspection.
He also stressed the need to gear up tax administration to the fullest capacity in order to achieve the goals set earlier. The minister also informed that all possible steps would be taken to simplify the procedures of filing of monthly returns and to ease the burden of dealers.
Assessing the progress of modernisation of checkposts and efforts to increase manpower of the department, the minister said the government headed by Chief Minister Jayalalithaa would never hesitate to provide adequate infrastructure and amenities required by the department to function efficiently.
Meanwhile, the minister also reviewed the functioning of the Registration Department. During the year 2011-12, the department had earned a revenue of Rs 2,805.07 crore.
This has gone up to Rs 3,417.65 crore in the corresponding period this year, thus registering a growth of 21.84 per cent.
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