Telangana cruises over AP in VAT income

value-added-tax-Andhra-Pradesh-TelanganaTelangana had crossed Andhra Pradesh in VAT income. The state has managed to get 926 Crore (till February of this financial year) more than last year income. However Andhra Pradesh still leads in the income of liquor and petroleum products. Till February, Telangana has got 27873 Crore while AP got 26947 Crore.

Telangana government has made few changes to the VAT Act and managed to increase the income. With these measures, Telangana managed to register 12% growth when compared to last year. If the state manages to get the arrears in Central Sales Tax (CST), this growth will climb up to 15.70%.

AP gets half of its VAT income from liquor and Petroleum Products. Telangana has earned 2416 Crore more than AP in the income of remaining items than these two. AP had managed to get 18 Crore more on Liquor and 1472 Crore on Petroleum Products than the last year. As expected, VAT income from Telangana is mostly from Hyderabad.

Follow Mirchi9 on Google News

This Week Releases on OTT – Check ‘Rating’ Filter

Hiring Content Writer: We are looking to hire a ‘Telugu’ content writer. Send your sample articles to [email protected]

Inside Story: Who Prepared Pawan Kalyan's Speech?Don't MissInside Story: Who Prepared Pawan Kalyan's Speech?We media usually address Pawan Kalyan as Powerstar while writing film news and as Janasena...Rana NaiduDon't MissVenkatesh And Rana Together For Netflix Web SeriesThe dream of Daggubati fans has finally come true as Rana and Venkatesh Daggubati are...Love Story All set For Record-Breaking Openings!Don't MissLove Story All set For Record-Breaking Openings!Love Story starring Naga Chaitanya and Sai Pallavi is undoubtedly the biggest Telugu release post...List of New Title Premiering On OTT September 2021 Last WeekDon't MissList Of New Titles Premiering On OTT This WeekHere is the list of new titles premiering on top OTT platforms like Netflix, Amazon...Three Different Targets For Love Story TrioDon't MissThree Different Targets For Love Story TrioNaga Chaitanya and Sai Pallavi starrer Love Story is all set to hit the silver...

Mirchi9