{"id":10431,"date":"2024-06-14T14:41:41","date_gmt":"2024-06-14T14:41:41","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=10431"},"modified":"2024-06-14T14:41:41","modified_gmt":"2024-06-14T14:41:41","slug":"the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/","title":{"rendered":"The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%."},"content":{"rendered":"<p>As usual,GSTcollections accounted for the lions share of tax receipts (Rs 28,591 crore), followed by sales tax (Rs 8,218 crore) and excise (Rs 4,791 crore). The states portion of Union taxes was Rs 2,178 crore compared to a projected Rs 8,721 crore. GST collection has reached 25% of total budget estimates against 18% in July last year.<\/p>\n<p>Similarly, sales tax receipts reached 31% of estimated budget figures for the same period against 16% last year. This year the total tax receipts till July was 19% when compared to 16% last year.<\/p>\n<p>Non-tax revenue was Rs 1,925 crore as opposed to Rs 30,557 crore last year.<br \/> The state governments tax and non-tax income remain a <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> major source of concern at a <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> time when it is attempting to stabilise its financial position in the aftermath of the pandemic-induced downturn. The state has accumulated a  of Rs 9,483 crore till July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As usual,GSTcollections accounted for the lions share of tax receipts (Rs 28,591 crore), followed by sales tax (Rs 8,218 crore) and excise (Rs 4,791 Subscribe on YouTube crore). The states portion of Union taxes was Rs 2,178 crore compared to a projected Rs 8,721 crore. GST collection has reached 25% of total budget estimates against &#8230; <a title=\"The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%.\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/\">Read more <span class=\"screen-reader-text\">The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1097],"tags":[872],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%. - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%.\" \/>\n<meta property=\"og:description\" content=\"As usual,GSTcollections accounted for the lions share of tax receipts (Rs 28,591 crore), followed by sales tax (Rs 8,218 crore) and excise (Rs 4,791 crore). The states portion of Union taxes was Rs 2,178 crore compared to a projected Rs 8,721 crore. GST collection has reached 25% of total budget estimates against 18% in July ... Read more The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/\" \/>\n<meta property=\"og:site_name\" content=\"Current Affairs Exam\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T14:41:41+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%. - Current Affairs Exam","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/","og_locale":"en_US","og_type":"article","og_title":"The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%.","og_description":"As usual,GSTcollections accounted for the lions share of tax receipts (Rs 28,591 crore), followed by sales tax (Rs 8,218 crore) and excise (Rs 4,791 crore). The states portion of Union taxes was Rs 2,178 crore compared to a projected Rs 8,721 crore. GST collection has reached 25% of total budget estimates against 18% in July ... Read more The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. However, sales tax collection has risen by 15% vis-a-vis July last year, while stamps and registration earnings climbed by 12%.","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T14:41:41+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/the-overallrevenuecollection-of-state-till-july-has-declined-by-3-according-to-comptroller-and-auditor-general-of-india-cag-income-estimates-for-states-however-sales-tax-collection-has-risen-by-1\/","name":"The overallrevenuecollection of state till July has declined by 3%, according to Comptroller and Auditor General of India (CAG) income estimates for states. 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