AP Government has set a target of Rs 5,000 crore revenue collection per month. In June this year, The revenue was Rs 900 crore less than the target. But, the situation seems to be improving with July's revenue reaching the target.
In this financial year, AP Government is expecting Rs 32,164 crore revenue through sales tax, excise tax, vehicle tax, stamps & registrations tax. Another Rs 16,461 crore revenue is expected from non-tax revenues like mines, minerals, forest and other resources,
From June 2014 to March 2015 (10 Months), AP Government require Rs 21, 127 crore for employees salaries, Rs 7,233 crore for pensions, Rs 1469 crore for power subsidy and Rs 1724 crore for scholarships and fee reimbursement.
In this financial year, AP Government is expecting Rs 32,164 crore revenue through sales tax, excise tax, vehicle tax, stamps & registrations tax. Another Rs 16,461 crore revenue is expected from non-tax revenues like mines, minerals, forest and other resources,
From June 2014 to March 2015 (10 Months), AP Government require Rs 21, 127 crore for employees salaries, Rs 7,233 crore for pensions, Rs 1469 crore for power subsidy and Rs 1724 crore for scholarships and fee reimbursement.