Now Reading: Uttar Pradesh tops states in tax mop-up at Rs 1.5 lakh crore
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Uttar Pradesh tops states in tax mop-up at Rs 1.5 lakh crore
Uttar Pradesh has recorded the highest tax collection among states for the April-July period of the current fiscal year, mopping up around Rs 1.5 lakh crore compared to Rs 1.37 lakh crore…
Uttar Pradesh has recorded the highest tax collection among states for the April-July period of the current fiscal year, mopping up around Rs 1.5 lakh crore compared to Rs 1.37 lakh crore in the same period last year. In terms of growth, Haryana led with an 18 per cent increase.
Data from the Comptroller and Auditor General shows that all 10 major states saw a rise in Goods and Services Tax collections despite rate rationalisation and the end of compensation. Uttar Pradesh earned about Rs 55,000 crore from SGST, while Karnataka collected Rs 35,000 crore and Gujarat Rs 29,600 crore. Nearly 8 lakh new GST registrations were added, taking the total to 1.67 crore by June 30.
On capital expenditure, Gujarat led with spending of around Rs 30,000 crore, followed by Uttar Pradesh at over Rs 18,000 crore. Uttar Pradesh received the highest amount under the Scheme for Special Assistance to States for Capital Investment, getting over Rs 7,000 crore of the Rs 44,500 crore released so far. Gujarat recorded the lowest fiscal deficit at 1.75 per cent of budget estimates, while Uttar Pradesh's deficit stood at over 10 per cent.
Indian Opinion Analysis
The tax data covers only April-July, roughly one-third of the fiscal year, so full-year rankings could shift. Maharashtra's missing data leaves a significant gap, as it is typically the largest contributor. The rise in SGST collections despite rate cuts points to improved compliance and a broader taxpayer base, which the government has been pushing through measures like mandatory e-invoicing. The next key signal will be the full-year CAG report, expected around February 2027, which will show whether these trends hold across all states.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
