Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
Special Correspondent

Commercial tax revenues doubled in State, says CS

Officers of Bihar Finance Service with Chief Secretary Somesh Kumar in Hyderabad on Tuesday. (Source: By arrangement)

Officers of Bihar Finance Service met Chief Secretary Somesh Kumar at BRKR Bhavan here on Tuesday.

During the interaction with the officers from Bihar, the Chief Secretary explained about the implementation of GST in Telangana State. He acknowledged that under the guidance of Chief Minister K. Chandrashekar Rao, the State has achieved rapid progress in increasing the tax base which has resulted in the doubling of the commercial tax revenues over the last five years.

Rationalization and reorganization of the department was done twice in 2018 and 2020. Economic intelligence unit was created to conduct research and analysis into specific sectors of economy and identify potential revenue areas, he added. Use of technology, apps and data analytics and a paradigm shift in the Commercial Tax administration in the State from individual-based to system driven tax administration has helped the State achieve tremendous success in tax revenue realization.

Director General MCRHRD Harpreet Singh, Commissioner Commercial Tax Neetu Prasad and other officials attended the meeting.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.