Rs 3,683 cr tax realised in three years: Govt

JAMMU: Government today said it has realised Rs 3,683.57 crore tax from different sources during the past three years.

Replying to a question by BJP’s Rajesh Gupta in the assembly, Minister of State for Finance Ajay Nanda said an amount of Rs 1,241.84 crore was generated in 2015-16, Rs 1,369.79 crore in 2016-17, while Rs 1,071.94 crore tax was realised during the current financial year so far.

He further informed the house that the Goods and Services Tax (GST) has been implemented in the state from July 8, 2017.

Implementation of GST is the most comprehensive indirect tax reform introduced in the country which has paved the way for subsuming multiple Central and State taxes, he added. (AGENCIES)

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