State Lost ` 2,138-cr Revenue: CAG

BHUBANESWAR : The State Government lost revenue of ` 2,138.56 crore in 2010-11 and 2011-12 due to under-assessment and short levy in 1,83,397 cases. According to the latest report of the

BHUBANESWAR : The State Government lost revenue of ` 2,138.56 crore in 2010-11 and 2011-12 due to under-assessment and short levy in 1,83,397 cases.

According to the latest report of the Comptroller and Auditor General (CAG), the loss of revenue was detected in commercial tax, motor vehicle tax, land revenue, State excise, forest receipts, mining receipts and other departmental offices during 2010-11 and 2011-12. The departments accepted under-assessment and other deficiencies of ` 1635.29 crore in 33,615 cases, the report said.

The CAG said the total revenue receipts of the State Government in 2010-11 was ` 33,276.15 crore against ` 26,430.21 crore in the previous year.

Out of this, ` 1,11,92.67 crore amounting to 48 per cent was raised by the State through tax revenue and non-tax revenue (` 4780.37 crore).

The balance 52 per cent was received from the Centre in the form of State’s share of divisible union taxes (` 10,496.86 crore) and grants-in-aid (` 6806.25 crore).

The CAG said by June 30, 2011, as many as 3,267 inspection reports issued up to December 2010 containing 9,712 audit observations involving ` 6,258.05 crore were outstanding for want of comments/final action by the departments concerned.

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