UP revenues jump to Rs 12,717 cr in Jan 2021

Virendra Singh Rawat

Lucknow / Feb 6, 2021

The Uttar Pradesh government saw its revenue collection jump by more than 28 per cent to Rs 12,717 crore in January 2021 compared to the corresponding month last financial year.

In January 2020, the tax and non-tax revenue of the state stood at Rs 9,921 crore, an increase of over 28 per cent or Rs 2,796 crore compared to January 2021. Now, the state government has already achieved 92 per cent of its revenue target for the current financial year 2020-21 with two months still at hand.

Under the Goods and Services Tax (GST) head, the revenue collection in January 2021 notched up Rs 4,290 crore compared to Rs 4,166 crore last year. Similarly, the Value Added Tax (VAT) mop up in January 2021 stood at Rs 2,235 crore against Rs 1,788 crore last year.

Meanwhile, the revenue collection by the excise department increased by Rs 1,778 crore with the January 2020 and January 2021 kitty at Rs 1,694 crore and Rs 3,472 crore respectively.

The stamp and registration mop up logged an increase of Rs 346 crore with the corresponding figures in January 2020 and January 2021 hitting Rs 1,400 crore and Rs 1,747 crore respectively.

According to UP finance minister Suresh Khanna, the revenue collection in geology and mining department saw an increase of Rs 118 crore with the kitty increasing from Rs 235 crore in January 2020 to Rs 353 crore in January 2021.