सुनचाँदी
विनिमयदर
मिति रुपान्तरण
पेट्रोलको भाउ
तरकारी / फलफूल
AQI
मौसम
रेडियो लाइभ
बैंक ब्याजदर
युनिकोड टुल्स
सेयर मार्केट्स
तपाईंको राशिफल
सिनेमा बोर्ड
निर्वाचन पोर्टल
Kathmandu. The government has collected a total revenue of Rs 664.02 billion in the first six months of the current fiscal year 2082/83. According to the details made public by the Ministry of Finance, the same amount of revenue was collected till February 12.
This is 3.3 compared to the same period last year. That’s 45 percent more. The government had collected Rs 642.45 billion revenue till mid-January of the last fiscal year.
According to the ministry, the government had set a target to collect revenue of Rs 813.63 billion by mid-February. By the end of the seven months, 81. Only 61 percent progress has been made. Although there has been some improvement in revenue mobilization, there is a huge gap between the target and the progress.
Title revenue status
1. Customs Duty
The government had set a target to collect Rs 170.50 billion in customs duty by mid-February. Only Rs 135.32 billion has been collected. That’s 79 of the target. Only 37 percent.
However, this year Rs 7.7 billion was collected compared to Rs 125.85 billion in the same period last year. This is an increase of 53 percent. 7. 44 percent and 204 percent in exports. This is an increase of 93 percent.
2. Value Added Tax
The VAT collection, which is the main basis of revenue, is also 7. This is an increase of 63 percent. Of the target of Rs 217.21 billion in the review period, Rs 196 billion has been collected.
In the same period last year, Rs 182.60 billion was collected. 7. Production, sales and services under VAT. 80 percent and 7 percent on imports. It has increased by 42 percent.
3. Excise Duty
Excise duty collection has seen a double-digit improvement. Last year, Rs 95.09 billion was collected till mid-February of the year, while this year Rs 10.09 billion was collected. It has increased by 88 percent to Rs 105.43 billion.
The government had set a target of collecting Rs 115.14 billion during the period. Excise duty on domestic production 10. 05 percent and 13 percent on imports. According to the ministry, it has increased by 14 percent.
4. Decline in Income Tax and Non-Tax Revenue
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Income tax and other revenues (non-tax) have declined. Last year, Rs 159.96 billion was collected in income tax as of mid-February 2018. The collection decreased by 81 percent to Rs 154.66 billion. The target of income tax was Rs 220.07 billion.
Similarly, Rs 77.21 billion in non-tax revenue was collected in the last fiscal year compared to Rs 15.5 billion this year. The collection decreased by 81 percent to Rs 65.09 billion. The non-tax revenue target was Rs 87.10 billion.
5. Education Service Fee & Others
However, there has been an encouraging increase in education service charge and other small headings. Last year, Rs 2.14 billion was collected under this headline, while this year Rs 61.14 billion was collected. It increased by 7 percent to Rs 3.44 billion.
This is the state of departmental performance
Departmentally, the Department of Customs has collected Rs 278.42 billion in revenue till mid-February. That’s 8 percent compared to last year. 04 percent more. The customs office was set a target of collecting Rs 332.11 billion during the period. This collection is 83 of the target. 84 percent.
On the other hand, the Inland Revenue Department has collected Rs 320 billion. There has been an increase of 21 percent. The internal revenue was targeted to be collected at Rs 394.12 billion during the period. This is 81% of the revenue collection target. It is 36 percent.
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