Early Times Report
Jammu, Nov 19: Jammu and Kashmir's Excise Department has realised nearly Rs 664 crore revenue till October 2015, registering an increase of over 15 per cent compared to last year.
"Up to October 2015, Rs 663.99 crore revenue has been realised by the department against Rs 575.48 crore realised in the previous financial year," Excise Commissioner Tsering Angchok said today.
He said the department has recorded a revenue growth of 15.38 per cent during the current fiscal year as against 1.85 per cent last year.
He said the department is making all out efforts to check tax evasion in Punjab-Kathua border.
The department has cracked down on the menace of illicit distillation of liquor and bootlegging, he said.
"In order to strengthen the Excise administration, new excise ranges have been created which shall go a long way in excise revenue collection," he added.
The department has also initiated the process of creating a Social Responsibility Corpus Fund. |
