Financial Discipline Increases UP’s Revenue Collection

Uttar Pradesh Finance Minister Suresh Khanna said government revenue collection for the financial year 2021-22 increased by Rs 25,226.62 crore from last financial year due to effective financial discipline.

Khanna on Thursday released financial details of the Yogi Adityanath government and its achievements.

“The UP government received revenue of Rs 1,47,843.10 crore in 2021-22 while in 2020-2021 it collected Rs 1,22,616.48 crore as revenue. So revenue collection increased by Rs 25,226.62 crore in 2021-22 compared to last fiscal year,” Khanna said.

Attributing credit for this recovery to financial management and discipline as well as guidance from Chief Minister Yogi Adityanath, the Finance Minister said that despite the massive challenge posed by the novel coronavirus pandemic, the state has succeeded pay the salaries and pensions of its staff and pensioners. people on time without delay.

Giving further details, Khanna said, “A total of Rs 54,594.13 crore of revenue was received till March 2022 under GST while Rs 44,944.44 crore was received till March 2021. Additionally, Rs 27,058.19 crore of income was received till March 2022 under VAT while Rs 22,112.95 crore was received till March 2021.”

The Minister of Finance further said: “As an excise duty, the state government received Rs 36,321.13 crore till March 2022 while Rs 30,060.34 crore was received until March 2021. Similarly, Rs 20,045.68 crore was collected under stamp and registration until March 2022 while received until March 2021.”

Khanna further said that Rs 7,159.38 crore had been received as transportation rights till March 2022 while till March 2021 the collection was Rs 5,905.95 crore. “In addition to Rs 2,664.59 crore came under the head of lands and mines till March 2022, while Rs 3,120.97 crore came till March 2021,” the finance minister said.