Current Affairs Exam

Madhya Pradeshs revenue target is Rs 38,000 crore for 2021-22

In the financial year 2021-22, the government has set a revenue target of Rs 38,000 crore. In the financial year 2020-21, Rs 32,764 crore was received fromGST, VAT and professional tax.

Finance ministerJagdish Devdahas said that taxpayers have an important contribution in making India a 5 trillion economy and realising the vision of Atma-nirbhar MP. He said that due to better system and collected taxes, successful implementation of public welfare schemes of the government is possible.Devdahad a having pre-budget discussions with taxpayers, tax experts and representatives of Industry and business sector in the process of preparing thebudgetfor the year 2022-23 earlier this week.

The FM said that despite the Covid pandemic, with the cooperation of all, a revenue of Rs 32,764 crore was received from GST, VAT and professional tax in the financial year 2020-21. In the current financial year 2021-22, the target is to get revenue of Rs 38,082 crore. Everyone’s cooperation in achieving this goal will also be important and commendable.He lauded the taxpayers for paying taxes on time and being sensitive towards the development of the state.

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