The core business centre of the old city, has disappointed the department
Currently, the commercial tax revenue of TS is over Rs 2,800 crore, and the government is working on increasing it to Rs 3,000 crore. Representational picture. (Photo: PTI/File)
Hyderabad: Hyderabad city, which contributes 60 per cent of Telangana’s commercial tax revenue, is seeing increasing ins-tances of tax evasion after bifurcation.
Currently, the commercial tax revenue of TS is over Rs 2,800 crore, and the government is working on increasing it to Rs 3,000 crore. The core business centre of the old city, has disappointed the department.
“The areas in old city Begum Bazaar, Koti, Sultan Bazaar, Abids, Moazamjahi Market, Troop Bazaar, Pattargatti and Charminar have shown zero business in the records,” said a commercial tax department official.
Officials are trying to ascertain the reasons why businesses are showing such dismal figures after bifurcation.
( Source : dc correspondent )
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