With the gradual lifting of Covid restriction, Uttar Pradesh’s personal tax and non-tax income in July have risen by 18.5% from the 12 months in the past interval, but it surely was nonetheless 74.1% of the goal set for the month.
According to knowledge accessed by FE, the state mopped up Rs 12,656 crore as tax and non-tax income in July 2021, as towards Rs 10,675 crore collected a 12 months in the past. The personal income goal set for July was Rs 17,077 crore.
In reality, throughout the first 4 months of the 2021-22 fiscal 12 months, the state managed to gather tax income of Rs 42,740 crore, which is 68.8% of the goal of Rs 62,137 crore. This is about 22.9% of the annual assortment goal of Rs 1,86,345 crore for 2021-2022.
The non-tax income collections from April-July, alternatively, stood at Rs 2,465 crore, which is about 30.5% of the goal of Rs 8,076 crore. This is 9.7% of the annual goal of Rs 25,422 crore.
The state earned Rs 4,699 crore as GST in July towards final 12 months’s assortment of Rs 4,121 crore, a rise of 14%. Yet it was solely 66.8% of the goal for accumulating Rs 7,028 crore throughout the month. Similarly, underneath VAT, the state collected Rs 2,328 crore towards final 12 months’s collections of Rs 1,904 crore, a rise of 22.3%. Against the goal of accumulating Rs 2,366 crore through VAT, the state managed to clock a good-looking 98.4%.
The income collections from alcohol excise in July remained at Rs 2,795 crore, about 6.1% greater than final 12 months’s collections of Rs 2,633 crore, but it surely may solely obtain 71% of the goal of accumulating Rs 3,940 crore.
The state’s collections of Rs 2,089 crore by means of stamp responsibility confirmed an imprssive enhance of 53% over final July’s Rs 1,366 crore, but it may nonetheless handle to realize solely 76.1% of the month’s goal of accumulating Rs 2,747 crore.
The transport division collected Rs 612 crore towards final 12 months’s figures of Rs 475 crore, a 28.9% enhance. However, it managed to realize 81.8% of the goal of accumulating Rs 748 crore.
Among the non-tax heads, the income collections within the mining and mineral sector have proven a dip as towards the 12 months in the past interval. While the division had managed to earn Rs 179 crore in July 2020, this 12 months the collections got here down Rs 137 crore, which is sort of 53.5% decrease than the goal of Rs 248 crore set for the month.
In reality, throughout the first 4 months of the 2021-22 fiscal 12 months, the state managed to gather tax income of Rs 42,739.71 crore, which is 68.8% of the goal of Rs 62,137 crore. This is about 22.9% of the annual assortment goal of Rs 1,86,345 crore for 2021-2022.