Andhra Pradesh revenues fall behind targets
AP government fixed a target of Rs 7,130 crore for the commercial taxes department
Hyderabad: All the revenue earning departments of the AP government have failed to achieve the targets fixed in the second quarter of the present financial year, though the overall income in the second quarter has been satisfactory.
AP government fixed a target of Rs 7,130 crore for the commercial taxes department, while it has reached Rs 6,673 crore.
For the excise department, the target was Rs 2,242 crore and the department collected Rs 1,700 crore. The target for the stamps and registration department was Rs 1,662 crore and it collected Rs 1,318 crore.
The transport department achieved Rs 888 crore against its target of Rs 1,142 crore. The mining department collected Rs 425 crore against the target of Rs 532 crore. Forest department collected Rs 21 crore against the target of Rs 37 crore.
The AP government is much worried about the revenue of the excise department as it is the main source of income for the state government. Finance officials said that the target had been fixed at a higher amount so that the departments can strive to meet the targets.