AP tax collection

[vincent]

Till June end , AP collected 12531 crore own state tax revenue against 11101 crore in the previous year for corresponding period . AP is one of the few states to record double digit growth despite economic slowdown. Many states saw fall in tax revenue.

[Hydrockers]

Manalo mana mata andulo mandu nunchi vachindi entha

[Ryzen_renoir]

Debt based growth is nothing new , previous regime also borrowed exhorbiantly and showed lot of growth based on consumption . 

The problem is when the debt matures it's going to hurt , but ilanti crisis time lo going for debt is not a bad idea . 

 

[tom bhayya]

1 hour ago, vincent said:

Till June end , AP collected 12531 crore own state tax revenue against 11101 crore in the previous year for corresponding period . AP is one of the few states to record double digit growth despite economic slowdown. Many states saw fall in tax revenue.

70% liquor price , petrol diesel meedha vat penchi Jagan anna records breaking 

[futureofandhra]

1 hour ago, Ryzen_renoir said:

Debt based growth is nothing new , previous regime also borrowed exhorbiantly and showed lot of growth based on consumption . 

The problem is when the debt matures it's going to hurt , but ilanti crisis time lo going for debt is not a bad idea . 

 

previous regime real estate n some companies camme

ee regime em vundi

[Ryzen_renoir]

10 minutes ago, futureofandhra said:

previous regime real estate n some companies camme

ee regime em vundi

Real estate should be a by-product of primary economy . Andhra Pradesh food grain production is the highest in  2019-2020 after division , this year will have even more growth.

Real estate ey primary economy antey it will collapse like the amaravathi bubble . Hyderabad rates petti amaravathi lo endhuku konali ?

Emi economic activity undhi amaravathi lo ? Vijaywada antey konchem business center , small scale units unnayi . 

Amaravathi will only grow at the cost of rest of state's development unless central government gives grants generously 

[snoww]

3 hours ago, futureofandhra said:

previous regime real estate n some companies camme

ee regime em vundi

Entha invest sesav bro bramaravati real estate meeda. 

[Hydrockers]

Development ante real estate prices ani pulkas abhiprayam

[ParmQ]

Post links man. It would be useful. Last time kooda you or someone posted similar kind of post without credible links.

Google last 24 hrs ki koduthunte ee DB lo nee thread mathrame vasthundhi.

[ParmQ]

20 hours ago, tom bhayya said:

70% liquor price , petrol diesel meedha vat penchi Jagan anna records breaking 

50K crore appulu ippati varaku ee year lo. Dhantlo kontha illa pattalu scams lo own people dhaggara kotlalo lands konnaru. Vallemo normal rates ki koni Govt ki higher rates ki selling. Thousands of crores scam. Aa registrations kooda contributed towards taxes.

[ParmQ]

VIJAYAWADA: The COVID-induced lockdown has had an adverse impact on the revenues of the State government. The revenue collection of the Commercial Taxes department in the first quarter of 2020-21 (April 1 to June 30, 2020) was only 45.33 per cent of the target.

As against the target of Rs 13,425.77 crore in the first quarter of the fiscal, revenue collection of the department stood at Rs 6,086.41 crore, a 44.7 per cent drop in comparison to the Rs 11,005.49 crore collected in the same period last yea r (2019-2020). 

However, the officials of the Commercial Taxes department expressed hope that revenue collection will pick up pace in the coming months. GST revenue, petroleum products, liquor and professional taxes come under the Commercial Taxes department. In April, only Rs 1,444.41 crore was collected by the department against the monthly target of Rs 4,858.35 crore, a meagre 29.73 per cent, because of the strict enforcement of the lockdown. 

However, following the partial exemptions, there was a marginal increase in revenue collection in May (32.91 per cent) and the collections went up by 76.09 per cent by Juneend, taking the cumulative revenue in the first quarter to 45.33 per cent of the target.

The data of revenue collections in the first quarter, accessed by TNIE, shows that the revenue from petroleum products stood at 57.38 per cent, followed by GST revenue, 51.40 per cent. However, the revenue from liquor stood at 21.5 per cent. The sale of liquor was nil in April because of the closure of all liquor outlets and bars.

Though the liquor business was commenced from May, the revenue fell short as only Rs 693.51 crore was generated as against the target of Rs 3,294.34 crore in the first quarter. Chief Commissioner (Commercial Taxes) Peeyush Kumar felt that the results of June are encouraging and said they were hopeful of revival of the economy and increase in revenue collections in the coming months.

 

 

[ParmQ]

Looks like @Hydrockers posted pure BS from his clone id. First quarter this year collected Rs 6,086.41 crore against 11005.49 crore last year.

 

As against the target of Rs 13,425.77 crore in the first quarter of the fiscal, revenue collection of the department stood at Rs 6,086.41 crore, a 44.7 per cent drop in comparison to the Rs 11,005.49 crore collected in the same period last yea r (2019-2020).  

[futureofandhra]

21 hours ago, Ryzen_renoir said:

Real estate should be a by-product of primary economy . Andhra Pradesh food grain production is the highest in  2019-2020 after division , this year will have even more growth.

Real estate ey primary economy antey it will collapse like the amaravathi bubble . Hyderabad rates petti amaravathi lo endhuku konali ?

Emi economic activity undhi amaravathi lo ? Vijaywada antey konchem business center , small scale units unnayi . 

Amaravathi will only grow at the cost of rest of state's development unless central government gives grants generously 

business thrives by trust not by demolition

hyd kantey amaravati was prime at one point of time just bcoz of trust

so food grains tho profit na how man?

akkada konnitiki rates levu 

may be corona effect valana rates ravali vastey

hyd is business oriented 

tg ki profit not coming from agri its from golden goose hyd

 

[BeerBob123]

21 hours ago, futureofandhra said:

previous regime real estate n some companies camme

ee regime em vundi

President Medal 
Governors Choice

[manadonga]

23 hours ago, vincent said:

Till June end , AP collected 12531 crore own state tax revenue against 11101 crore in the previous year for corresponding period . AP is one of the few states to record double digit growth despite economic slowdown. Many states saw fall in tax revenue.

Inka cheppu india kanna ap ki ekkuva vachhindi tax collectionani 

inta varaku ee year india lo ee state kuda last year revenue ki match kaledu