Rs 1886.26 crore more revenue received in July as compared to July last year

Lucknow: Finance Minister of Uttar Pradesh,  Suresh Kumar Khanna informed that a total revenue of Rs 17304.60 crore was received in the month of July of the financial year 2024-25 in the main tax-non-tax revenue items of the state, whereas a revenue of Rs 15418.34 crore was received in the month of July of the financial year 2023-24.

Thus, in comparison to July last year, Rs 1886.26 crore more revenue was received in the month of July this year. He informed that in the month of July 2024, Rs 9448.83 crore was received under GST and VAT, which is 70.4 percent of the target of revenue receipt in the month of July.

In comparison to last year, Rs 663.29 crore more was received in the month of July this year under GST and VAT. He informed that in the month of July, 2024, a total revenue of Rs 6804.46 crore was received under GST, whereas in the month of July, 2023 last year, the receipt was Rs 6107.25 crore.

Under VAT, revenue receipts in July, 2024 amounted to Rs 2644.37 crore, whereas last year in July, 2023, receipts were Rs 2678.29 crore.

The Finance Minister informed that under Excise, a total revenue receipt of Rs 3952.53 crore was received in July, 2024, which is 84.1 percent of the target set in July, 2024. Whereas in this item, receipts in July, 2023 last year were Rs 3423.98 crore. Similarly, in the month of July, Rs 528.55 crore more has been received in the Excise item as compared to last year. Under Stamp and Registration, the revenue receipts in July, 2024 are Rs 2762.50 crore, which is 86.3 percent of the target set in July, 2024. Whereas last year in the month of July, 2023, the receipt was Rs 2225.00 crore.

Similarly, in the Stamp and Registration item, Rs 537.50 crore more has been received this year in July as compared to last year. He informed that the revenue receipt for the month of July, 2024 under transportation is Rs 902.55 crore, which is 92.2 percent of the target set for the month of July 2024.

Whereas last year in this item, the receipt in the month of July, 2023 was Rs 775.98 crore. Thus, in the month of July, Rs 126.57 crore more has been received in the transportation item as compared to last year. He informed that under the main item of non-tax revenue receipt, the receipt in the month of July, 2024 is Rs 238.19 crore under Geology and Mining, which is 78.7 percent of the target set for revenue receipt under this item.

Whereas last year in the month of July, 2023, the receipt under this head was Rs 207.84 crore.

Suresh Kumar Khanna informed that in the financial year 2024-25, till the month of July, revenue of Rs 68477.31 crore has been received under tax revenue, which is 76.4 percent of the target set for revenue receipt till the month of July. He informed that in the financial year 2024-25, till the month of July, Rs 2977.26 crore was received under non-tax revenue receipt, which is 40.3 percent of the target set for revenue receipt till this period.

He informed that in the current financial year, till the month of July 2024, revenue of Rs 37780.04 crore has been received under GST and VAT, which is 71.8 percent of the target set for this period. In which the receipt under GST is Rs 28462.31 crore and under VAT is Rs 9317.73 crore. Similarly, in the current financial year till the month of July, Rs 15737.11 crore has been received in the excise item, which is 83.7 percent of the set target. In stamp and registration, Rs 10177.65 crore is received which is 84.4 percent of the set target. He informed that till the month of July, revenue of Rs 3870.76 crore has been received in the transportation item, which is 96.9 percent of the set target for this period.

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