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Delhi's Revenue Collections Fall Short, GST & VAT Meet Targets
Millennium Post Delhi
|Delhi 18 March 2025
The Delhi government's revenue collections for the ongoing financial year are expected to fall short of projections, barring Goods and Services Tax (GST) and Value Added Tax (VAT), according to officials.
NEW DELHI: While the two major sources of revenue have performed as anticipated, other streams such as excise duty and motor vehicle taxes have lagged behind budget estimates.
As of February 2025, GST and VAT collections stood at approximately Rs 40,009 crore, aligning closely with the government's target. However, revenue from motor vehicle taxes reached only Rs 2,810 crore, falling significantly short of the projected Rs 3,600 crore. Similarly, excise collections amounted to Rs 5,516 crore, about 14 per cent below expectations.
This story is from the Delhi 18 March 2025 edition of Millennium Post Delhi.
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