Gandhinagar: Gujarat government share in taxes and Union tasks decreased by 13.87% in 2019-20 on the basis of the year-to-year.
Part of the State Union Tax reached Rs 20,232 Crore in 2019-20 compared to RS 23,489.33 Crore in 2018-19, CAG stated in its report on state finances for the year ended March 31, 2020.
“Good component of the Central Tax Transfer, namely , direct tax and indirect taxes also decreased by 13.27% and 14.78% during the previous year, “said the country’s Watchdog in his report.
“They were also dipped in 2019-20 for the first time during the 2015-2020 period,” said the report.
“There is no OGST shares (Integrated Goods and Services Taxes) released to the country this year,” CAG added.
However, the grants of the Indian government increased by 34.26% or Rs 6,507.54 Crore from Rs 18.992.48 Crore in 2018-19 to RS 25,500.02 Crore in 2019-20.
“This increase was mainly due to the increase in GST compensation of 4,497.52 Crore, grants for urban areas by Rs 684.06 Crore, grants for rural local bodies by Rs 605.97 Crore and grants for state disaster response funds by RS 436.85 Crore , “Crore,” said.
During 2019-20, according to CAG, 32% of the revenue of state revenues came from the Indian government in the form of trade union and assistance-in-aid tax.
“Transfer (share taxes and inside grants) from the center Increased 312% from RS 11,109.99 Crore in 2010-11 to RS 45,732.11 Crore in 2019-20, “said CAG.” The percentage increased in the previous year ranging from 7.65% (2019-20) and 30.09% (2016-17) During a ten-year period.
“‘Increases Revenue Receipts-GSDP Ratio’ state government needs to increase GSDP’s revenue revenue; at 8.59%, it was lower than 9.06% achieved for 2018 19, said CAG.
Also, the percentage of capital expenses is consumed The total expense (15.28%) for 2019-20 was lower than registered for 2018-19 (17.26%), CAG observed.