26.17 per cent hike in revenue collection in Bihar

26.17 per cent hike in revenue collection in Bihar
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Patna: Bihar Deputy Chief Minister Sushil Kumar Modi on Sunday said the state government has made a collection of Rs 25,583 crore in revenue in 2018-19, which is 26.17 per cent more than that of the last fiscal.

"The state government has increased revenue collection by 26.17 per cent in 2018-19, which is Rs 25,583 crore, in comparison to the figure of 2017-18, when GST was introduced," said Modi who also holds finance portfolio.

Out of Rs 25,583 crore collections, the state received Rs 24,810.22 crore from GST while Rs 772.8 crore as came revenue from petroleum products which does not come under the purview of GST.

Modi has been saying for quite sometime that Bihar was benefited by the introcution of Goods and Services Tax (GST).

A total of 2,44,609 new tax-payers were enrolled in Bihar since GST was rolled out on July 1, 2017, Modi said.

The number of registered tax-payers stood at 1,66,323 prior to GST regime.