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| Rather for tightening noose against tax evaders | | CTD poised for all times high revenue of Rs 5100 crore this Fiscal | | ET Report
Jammu, Nov 30 :In a Landmark achievement, the Commercial Taxes department (CTD) is all set to register all-time high revenue of Rs 5100 Crore during the current financial year which is almost three times increased against revenue of Rs 1823 Crore in 2008-09, when the present government took over. This was stated by the Minister for Finance and Ladakh affairs Abdul Rahim Rather at a high level meeting convened here today to review the performance of the Commercial Taxes department, Jammu division. The Minister said that the revenue realized by the CTD during last fiscal was to the tune of Rs 4348 crore, adding that "I have been assured by the senior officers of the department that revenue of Rs. 5100 Crore will be achieved by the end of current financial year. He said there has been a contribution of all the three regions of the state viz Kashmir, Jammu and Ladakh in this stupendous revenue growth. Maintaining that state's economic performance largely depends upon efficiency of the Commercial Taxes Department (CTD), the Minister has called for an effective monitoring mechanism to plug tax pilferages optimally adding that tax evaders should in no way get scot free. He urged for a concerted effort for increasing tax revenue, adding that a sustained recovery drive should be taken against the wilful defaulters. He asked the concerned officers and field agencies to get hold of all tax evaders without any fear and favour, besides pursuing stay cases pending disposal in different courts. |
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