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Fall in collection of commercial taxes

THIRUVANANTHAPURAM: The last four days of the financial year witnessed an outflow of Rs 4,062 crore from the state treasury, while it received Rs 2,010 crore. Finance Minister K M Mani said th

Published: 03rd April 2012 03:56 AM  |   Last Updated: 16th May 2012 07:18 PM   |  A+A-

THIRUVANANTHAPURAM: The last four days of the financial year witnessed an outflow of Rs 4,062 crore from the state treasury, while it received Rs 2,010 crore. Finance Minister K M Mani said that on the last day of the financial year March 31, a payment of Rs 984 crore was made.

The last day saw an inflow of Rs 499 crore. For three days from March 28 to March 31, Rs 3,026 crore was spent from the government treasury, which included the expense to the local bodies.

Meanwhile, the collection of commercial taxes for the month of February saw a dip by Rs 133 crore compared to the month of January, of this Rs 74 crore was from Ernakulam and Rs 30 crore was from Thiruvananthapuram.

The same trend was witnessed in the same period last year with a dip of Rs 58 crore. The target set for March, 2012, was Rs 9,424 crore out of which till February, a total of Rs 16,631 crore was collected. Ernakulam topped the list in the commercial taxes collection with Rs 7,444.54 crore followed by Thiruvananthapuram with Rs 4,513.66 crore. When it was Rs 601.50 crore in Kozhikode, it was Rs 427.55 crore in Kottayam.



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