Bengaluru: Chief Minister B.S. Yediyurappa, who held a meeting with officials of the commercial tax, excise, stamps and registration and mines departments during the day, ordered relaxation of rules on sand mining to make sure “that sand was available to the people without hassle and at an affordable price.”
He told reporters after the meeting that in comparison to other states, Karnataka had done better in revenue collection during the year . Even in collection of GST, there had been an increase of 14.3 per cent. “When GST was introduced, 4.51 lakh people registered under it, but now this number has jumped to 8, 16,573, which is a 100 per cent jump.” he said.
The commercial tax department ,which had set a target of Rs 76,046 crore in revenue collection for 2019-20, had till August 30 collected Rs 33,618 crore achieving 44.2 per cent of the target and 20.03 per cent more than the previous year. The excise department, which had a target of Rs 20,950 crore for the year, had until August 30 collected Rs 9,145 crore.
As for motor vehicles registration, a revenue of Rs. 2476 crore was collected by August 31as against the target of Rs 7,100 crore for the year. “The revenue has dipped by 10.34 per cent this year because there is a slowdown in the automobile sector,” the Chief Minister explained.
The stamps and registration department collected Rs 4,574 crore by August 31 as against a target of Rs 11,828 crore for the year. Mr Yediyurappa added that there had been a 3.86 per cent increase in registration of properties in 2019-20....