Information available with The Tribune shows though the maximum increase in tax revenue has been in goods and services tax at Rs 4,164.73 crore, the VAT collection, too, has increased by Rs 1,546.48 crore over the previous financial year.
The previous government had reduced VAT on both petrol and diesel in November last year, which have brought down the total VAT collections.
When the Congress government had taken the reins of the state, they had to deal with an “inheritance of loss” and bills worth almost Rs 7,000 crore were pending at the treasury.
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