August 6, 2012 9:55:03 pm
Bihar government’s receipts through tax and non-tax revenues have grown by about 130 per cent at Rs 10.855.38 crore in 2010-11 as against Rs 4544.36 crore in 2005-06,according to the Comptroller and Auditor General of india (CAG) report.
The state government collected Rs 9869.85 crore as tax revenue and Rs 985.53 crore in non-tax revenue to generate an aggregate receipt at Rs 10.885.38 crore in 2010-11,it said.
The state’s revenue receipts at Rs 10,885.38 crore in 2011 was about 130 per cent higher in comparison to collection of Rs 4544.36 crore that the NDA government had generated in its first full year in the office in 2006-07,the report said.
The CAG report on revenue receipts of Bihar for fiscal year 2010-11,a copy of which was laid in the two houses of the state legislative by the Deputy Chief Minister Sushil Kumar Modi,in his capacity as finance minister,further showed that the state government had registered an impressive growth in the revenue receipt from its internal sources on year-on-year basis since taking over power in late 2005.
The state government registered over 20 per cent increase in revenue receipts from internal sources from Rs 4544.36 crore in 2006-07 to Rs 5611.12 crore in 2007-08 and the figure soared by about 30 per cent next year at Rs 7326.06 crore in 2008-09,it said.
The receipts continued to make an upward surge in 2009-10 and it grew by over 30 per cent at Rs 9760.09 crore from Rs 7326.06 crore in 2008-09.
The CAG report noted that there was sustained increase in the receipts from the Centre to Bihar during 2006-07 to 2010-11 from Rs 18,538.83 crore 2006-07 to Rs 33,676.94 crore in 2010-11,a growth rate which was marginally less that revenue receipts accumulated from internal sources.
It,however,took exception to the state government’s delay in submission of documents for audit of revenue receipts.
The CAG said it conducted test-check of the records of commercial taxes,state excise,taxes on vehicles,land revenue,non-ferrous mining and metallurgical industries and other departmental officers during 2010-11 and observed under-assessment/short levy/loss of revenue of Rs 1978.35 crore in 1858 cases.
Later speaking to media persons,the Principal Auditor General (Bihar) R B Sinha said the state was significantly dependent on the Centre to meet its expenditure as state revenues comprised only 24 per cent of the total revenue in the fiscal year assessed by the auditor.
📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.