Bhubaneswar: Odisha’s tax collections clocked a 7% growth in the first five months ending on August 31st of the current fiscal.
The State finance principal secretary, Ashok Meena, Tuesday said that while the non-tax revenue grew by 12%, State’s own tax collections registered a growth of 5% during the April -August period of 2019-20 as compared to the corresponding period in last fiscal.
Meena said the total revenue collection was increased to Rs12,315 crore in the first five months as against collection of Rs 11,758 crore during the same period last year.
However, the programme expenditures declined by 4% during the period due to model code of conduct for general elections. The expenditures remained at 28% as against 32% during the same period last year, Meena said.
Reviewing the finance department’s performance in the all secretaries meeting, the chief secretary Asit Padhi directed to expedite budget expenditures to meet the target by fiscal end.