We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
After the increase in income tax and excise duty collection, there has been a positive improvement in the overall revenue collection of Internal Revenue Office Birganj. As of Wednesday of the current financial year, the office has collected about 2 percent more revenue than the target.
During the review period, the office has collected Rs. Which is 11.98 percent of the target. According to the
office, the contribution of income tax and excise duty is more in the collected revenue. During the review period, 1 billion 71 crore 15 lakh 6 thousand has been collected out of the target of income tax collection of 1 billion 67 crore 61 lakh 32 thousand.
Similarly, 2 billion 34 crore 52 lakh 23 thousand rupees have been collected while the target of collection is 1 billion 89 crore 84 lakh 63 thousand from the title of excise duty.
Recovery tax, interest tax and value added tax have been collected less than the target. During the review period, the office stated that the target of tax recovery was Rs.
In the same way, 3 crore 96 lakh rupees have been collected out of the interest tax recovery target of 4 crore 66 lakh 35 thousand rupees. 1 billion 51 crore 6 lakh 96 thousand rupees have been collected while the target of value added tax collection is 1 billion 15 crore 38 lakh 11 thousand rupees. Rameshwar Kumar Mishra, information officer of the
office, says that along with the signs of improvement in the economy, there has also been an improvement in income tax and excise duty collection. He said that if the target of revenue collection could not be met in the last financial year, there are signs of encouraging collection in the current year.
Mishra said that the direct impact of the increase in the excise duty collection was seen with the increase in the production of Himalayan Distillery, the alcohol producing industry that pays the highest excise duty.
