Talasani for tax on online business
- Spl software to check corporate hospitals, theatres
- 85.2 percent taxed collected during 2014-15 in TS
HYDERABAD: Unwilling to slap any tax on the people this fiscal and avoiding VAT on clothesa�� business, petrol and diesel in the State, Telangana Government is planning to amend the existing laws to get proper taxes from online business, besides bringing in a new law to prevent Gutkha sale, which is banned throughout the nation.
Speaking to media persons at Secretariat on Thursday, Commercial Taxes Minister T Srinivas Yadav maintained that tax collection achieved 85.42 per cent during 2014-15 fiscal by pegging at Rs 23,727.15 crore as against the target of Rs 27,777.92 crore. Nonetheless, the minister said, they could achieve a 35 per cent of more revenues of Rs 6,184.27 crore this year compared to the previous year. He appreciated the officials, who acted in conformity with the ideals of Chief Minister K Chandrasekhar Rao to implement a myriad variety of welfare schemes in the State. He said uniform tax structure is being planned to set right the difference in taxes levied on corporate hospitals and those running on partnership basis.
Stating that the State got fewer tax collections owing to disparity in prices related to Petrol and Diesel and shortfall in liquor sales, the minister said they would take corrective measures to check zero business. To get tax in a proper way, a special software will be in place to check the hotel business and sale of cinema tickets, he said, adding that an amendment has been made to transactions related to FCI and Civil Supplies department. More importantly, the department will levy taxes on unofficial goods entering into the State by strengthening the check-posts and setting up integrated check-posts on the State borders.
Towards this end, the officials have conducted a study on the activities of the check-posts at Maharashtra, Karnataka, Gujarat and Tamil Nadu. The businessmen should feel social responsibility to pay the taxes on time, lest they would face action, he said and warned that the government would make use of informer system through a corpus fund of Rs 2 crore and offer about 10 per cent of income through tax collection or Rs 50,000 as gift to the informers. (NSS)