LUCKNOW: Despite Covid-induced lockdown, the state’s revenue rose by Rs 2,129 crore in June this year as compared to the same month previous year. UP earned a revenue of Rs 11,164 crore in June 2021, against Rs 9,035 crore in June 2020.
Finance minister Suresh Khanna said that the state had earned Rs 3,482 crore as GST, a rise from Rs 2,939 crore since last year. The government also earned Rs 2,033 crore as VAT this June, compared to Rs 1,522 crore in June last year.
In excise, the government earned Rs 2,989 crore this year as opposed to Rs 2,755 crore last year. Stamp and registration earned the government Rs 1,825 crore as against Rs 1,048 crore in the same period last year. Similarly, in June 2021, revenue from transport was Rs 591 crore against Rs 433 crore in June 2021.
The mining revenue however fell marginally -- Rs 243 crore this June against Rs 337 crore last year.
Meanwhile, the tax revenue in the first quarter of 2021-22 was Rs 30,156 crore against a target of Rs 44,826 crore, achieving 67.3% of the target, mainly due to second wave of Covid-19 which ravaged the country in April and May. Non-tax revenue target in the same period was Rs 6,068 crore against which the state earned Rs 1,953 crore.
The government earned Rs 16,557 crore as GST and VAT this year up till June, against a target of Rs 22,813. It has achieved 84.5 % of its target till June for VAT collection.
The first quarter revenue in excise has fallen short of the target of Rs 11,953 crore with an earning of Rs 8,368 crore. The revenue from stamp and registration in the first quarter is a total of Rs 3,669 crore against a target of Rs 6,296 crore. The state earned Rs 1,459 crore from transport in the first quarter of the year which was less than the target of Rs 2,361 crore.
