Latest news with #StateTaxDepartment
Time of India
05-07-2025
- Business
- Time of India
In the fifth year of CM Dhami's tenure, tax recovery in Uttarakhand is set for a major tech upgrade
Uttarakhand CM Pushkar Singh Dhami (ANI) As chief minister Pushkar Singh Dhami enters the fifth year of his tenure, the tax collection landscape in Uttarakhand is poised for a significant transformation. The state's tax system is being enhanced with the integration of Artificial Intelligence (AI), aimed at making collections more efficient and robust. A proposal worth Rs 12 crore from the State Tax Department has received in-principle approval. The use of AI is expected to boost collections under both SGST (State Goods and Services Tax) and VAT (Value Added Tax). According to IS Brijwal, Additional Commissioner of the State Tax Department, efforts are underway — under the chief minister's directive — to further streamline and modernize the tax collection system. A comprehensive framework has already been prepared. While the department has already been leveraging technology, it is now preparing to implement AI-based systems. The government has given its in-principle nod to the department's proposal, and AI-based systems will soon become a reality in the state's revenue machinery. Promising signs in just three months In the first quarter of the current financial year, the department has already recorded encouraging results. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Secure Your Child's Future with Strong English Fluency Planet Spark Learn More Undo SGST collections have reached Rs 2,457 crore — 22% of the annual target for FY 2025–26. VAT collections for the same period stand at Rs 658 crore, achieving 26% of the annual target. Combined, these figures show the department has achieved 23% of its total target within the first three months of the year. Target of Rs 13,722 crore for FY 2025–26 The State Tax Department has set an ambitious revenue collection target of Rs 13,722 crore for this financial year — Rs 11,221 crore from SGST and Rs 2,501 crore from VAT. In comparison, the previous year's target was Rs 12,703 crore (Rs 10,200 crore from SGST and Rs 2,503 crore from VAT). The department achieved 93% of the total target last year, with VAT collection even surpassing the goal by reaching 102%. 'We are strengthening the tax collection system in the interest of the state. Our goal is to ensure that the revenue collected through taxes is maximised and effectively used for public welfare initiatives," CM Dhami said.
India.com
01-07-2025
- Business
- India.com
Gujarat Records 11% Rise In GST Collection For June 2025, Total Monthly Tax Revenue Nears Rs 10,000 crore
Ahmedabad: Gujarat has registered an uptick in its Goods and Services Tax (GST) revenue for the month of June 2025, collecting Rs 6,150 crore, marking an 11 per cent increase compared to Rs 5,562 crore in June 2024. This growth outpaces the national average, which stood at six per cent, according to an official statement from the state government released on Tuesday. Beyond GST, the state earned Rs 2,833 crore through Value Added Tax (VAT), Rs 876 crore from electricity charges, and Rs 21 crore via business tax, bringing the total tax revenue for June 2025 to Rs 9,880 crore. The month also witnessed a sharp rise in enforcement-related income. The mobile squad's exploration drives brought in Rs 32.34 crore, a 50.64 per cent surge compared to Rs 21.46 crore collected in the same month last year. Officials noted that this is the highest monthly recovery recorded since the rollout of GST in 2017. Marking the GST Day, the State Tax Department also unveiled its new official logo. Designed in hues of blue and gold, the logo symbolises transparency and communication on one hand, and taxation and development on the other. The unveiling was done by Gujarat's Finance Minister Kanu Desai as part of the department's commitment to modernising its identity and improving taxpayer engagement. Since the implementation of the GST in July 2017, Gujarat has consistently ranked among the top-performing states in terms of GST revenue collection. Known for its industrial base, manufacturing sector, and a large number of MSMEs, Gujarat contributes significantly to India's GST pool. Gujarat's GST growth is also attributed to its high compliance rate among small and medium enterprises, with many voluntarily shifting into the formal tax net thanks to simplified filing systems and access to credit under the Input Tax Credit framework. The state's success with e-way bill adoption, proactive redressal of technical issues, and regular taxpayer awareness campaigns has further improved its collection efficiency
The Print
07-06-2025
- Business
- The Print
UP CM directs officials to take action against fake, shell companies
'Tax evasion is a national crime that negatively impacts development plans and welfare schemes,' he said. While conducting a high-level review of the State Tax Department, the CM directed officials to ensure transparency in tax collection and adopt a policy of technological efficiency and strict enforcement. Lucknow, Jun 7 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Saturday directed officials to take action against shell companies to stop the attempts to misuse the facilities meant for genuine traders. Stressing that the Goods and Services Tax (GST) is a consumer-based tax system, he noted that areas with higher population density are naturally expected to generate more tax revenue. He instructed officials to develop special strategies for zones where tax collection is below average. Adityanath directed that information on suspicious firms registered under Central GST (CGST) be shared with the Centre for cancellation of their registration. For firms under State GST (SGST), he ordered in-depth departmental investigations, and if irregularities are found, their registration should be canceled and FIRs lodged. The CM emphasised the need for on-site inspection of all newly registered firms, stating 'fake companies should not be allowed to obstruct the rights of honest taxpayers'. CM Adityanath said that such acts are an attempt to misuse the facilities meant for genuine traders, which is unforgivable. 'Such inspections are essential to ensure that genuine businesses can operate fairly and without interference,' he said. During the meeting, officials informed the CM that Rs 18,161.59 crore in GST and VAT had been collected during April and May against the financial year 2025-26 target of Rs 1,75,725 crore. PTI CDN NB NB This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
07-06-2025
- Business
- Business Standard
UP CM directs officials to take action against fake, shell companies
Uttar Pradesh Chief Minister Yogi Adityanath on Saturday directed officials to take action against shell companies to stop the attempts to misuse the facilities meant for genuine traders. While conducting a high-level review of the State Tax Department, the CM directed officials to ensure transparency in tax collection and adopt a policy of technological efficiency and strict enforcement. "Tax evasion is a national crime that negatively impacts development plans and welfare schemes," he said. Stressing that the Goods and Services Tax (GST) is a consumer-based tax system, he noted that areas with higher population density are naturally expected to generate more tax revenue. He instructed officials to develop special strategies for zones where tax collection is below average. Adityanath directed that information on suspicious firms registered under Central GST (CGST) be shared with the Centre for cancellation of their registration. For firms under State GST (SGST), he ordered in-depth departmental investigations, and if irregularities are found, their registration should be canceled and FIRs lodged. The CM emphasised the need for on-site inspection of all newly registered firms, stating "fake companies should not be allowed to obstruct the rights of honest taxpayers. CM Adityanath said that such acts are an attempt to misuse the facilities meant for genuine traders, which is unforgivable. Such inspections are essential to ensure that genuine businesses can operate fairly and without interference," he said. During the meeting, officials informed the CM that Rs 18,161.59 crore in GST and VAT had been collected during April and May against the financial year 2025-26 target of Rs 1,75,725 crore.
Yahoo
16-05-2025
- Business
- Yahoo
Terra Alta won't be able to collect taxes next year: Auditor's office
TERRA ALTA, (WBOY) — The Town of Terra Alta is nearly two months behind the deadline to submit its annual budget, and state officials say that the Tax Department could intervene soon. According to Hayden Erwin, the Director of Communications for the West Virginia State Auditor's Office, Terra Alta has yet to submit its budget for the upcoming 2025-2026 fiscal year, meaning that no levy rate has been approved and that the town will not be able to levy or collect property taxes for the fiscal year. Public transportation service expanding into Tucker County Erwin said that Terra Alta and all other municipalities were required to submit their budgets by March 28. He added that under §11-8-9 of the West Virginia State Code, the State Auditor may allow late budgets to be submitted between April 15 and May 1, but only if 'good cause' is shown. Because Terra Alta didn't do that, despite receiving a certified letter from the auditor's office, a levy rate or budget for the town can not be approved. According to Erwin, if the town never submits a budget, the State Tax Department and county assessors may take action, including things like excluding Terra Alta from county tax rolls. 12 News reached out to officials in Terra Alta by both phone and email, but has yet to receive a response as of this publication. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
