‘Focus is on plugging leakages’
The Hindu
Revised Budget a roadmap for administration: Finance Secy.
The Tamil Nadu government is focused on plugging leakages in revenue collection, with the main focus likely to be on the Commercial Taxes and Registration Departments, as Finance Minister Palanivel Thiaga Rajan looks to shore up the revenues. Finance Secretary S. Krishnan said the State’s revenue targets laid out in the revised Budget were likely to be achieved by plugging the leaks and enforcement. He said the revised Budget came at a tough time when the pandemic led to revenue losses and increased expenditure. He said some decisions in the revised Budget had been taken based on the need to fulfil the electoral promises of the DMK. The revised Budget, he said, would provide a roadmap for administration and delivery in the coming years and had several elements to administer government assets better. “Some revenue losses have happened naturally,” he said, adding that the Budget would show the way for generating revenue where issues had been identified.More Related News
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