Loading...
150 credits Β· 30 days Β· No card needed
Already used our earlier 20-Credit Demo?
You are still eligible for this new 150-Credit Demo.
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Patna, Apr 2 (PTI) The commercial taxes department of Bihar recorded revenues worth Rs 43,324 crore in the 2025-26 financial year, achieving 93.17 per cent of the target of Rs 46,500 crore, a senior official said on Thursday.
The collection was 4.09 per cent more than the figure in 2024-25, he said.
Secretary-cum-Commissioner of the department, Sanjay Kumar Singh, said it collected Rs 32,801 crore as GST in 2025-26, an increase of 11.67 per cent year-on-year.
βHowever, after the deduction of an IGST settlement amount of Rs 724 crore by the central government, the net GST receipt came down to Rs 32,077 crore, which still gives us a growth rate of 9.2 per cent,β Singh told reporters.
He said the growth of 9.2 per cent was βoutstandingβ, as it has been achieved despite rationalisation of GST rates and the Bihar assembly elections.
βGST rates were rationalised in September last year, and the tax rates on many essential and consumer items were significantly reduced. Furthermore, there was a slow period of about two months due to the elections. Despite these factors, a growth of 9.2 per cent is truly outstanding,β he asserted.
Among the large states, Bihar ranks fourth in terms of total GST collection, Singh said.
According to a statement issued by the department, collections from petrol registered a negative 4.56 per cent growth.
βThe target for the Registration Department for 2025-26 was Rs 8,250 crore. Against this, we have achieved Rs 8,403.46 crore, which is 101.86 per cent of the target and 9.86 per cent higher than the revenue from registration last year,β he said. PTI SUK RBT