However, revenue from luxury, entertainment and betting tax has dipped by half this year as compared to last year. Data shows that from April 1 to August 31, 2022, the revenue was 0.26 crore and had dipped to Rs 0.13 crore this year.
Delhi’s GST collection has seen a nearly 17% growth in the first six months of this fiscal year as compared to last year.
According to data shared by the Delhi government, from April 1 to September 30, the city has collected a revenue of around Rs 19,000 crore. In the same period last year, it collected around Rs 16,300 crore.
Data also shows that collection was good in April, May and July where it crossed the Rs 3,000-crore mark. In August and September, GST collection came down slightly in comparison to July but it was still higher than the last fiscal.
Data also shows that in the first quarter, the city recorded a jump of 15% jump in comparison to last year. GST collection in the first quarter of the fiscal year 2022-23 was Rs 6,985.05 crore, while this year it increased to Rs 8,028.91 crore. In the second quarter, Delhi collected Rs 9,269 crore this year, while it was Rs 7,855 crore last year.
However, revenue from luxury, entertainment and betting tax has dipped by half this year as compared to last year. Data shows that from April 1 to August 31, 2022, the revenue was 0.26 crore and had dipped to Rs 0.13 crore this year.
“These taxes are levied on mostly movies and events like fashion shows etc and also cricket matches. This year, not many events and matches were held in Delhi. However, it is a very small component, so it does affect the overall target. If you see the data, collection has increased,” said a senior government official.
In July, while announcing the first quarter of GST collection, Delhi Chief Minister Arvind Kejriwal said, “Governments often say that they don’t have money to build good schools and hospitals. But our government in Delhi has shown that honest governance leads to increased revenue. This is how we will have money to build more schools, hospitals, and infrastructure for the people of Delhi.”