Informative, Innovative and Interactive Site of MP & Chhattisgarh
Un Site Informatif, Innovatif et Interactif de MP & Chhattisgarh

“It is not right in God’s sight to obey men rather than God.”

Chhattisgarh News
Centre urged to adopt Chhattisgarh commercial tax system

RAIPUR: In order to increase revenue from commercial tax, Chhattisgarh Chamber of Commerce and Industries has urged the Union government to adopt Chhattisgarh commercial tax system as a model.

In different meetings held here on Friday, to bring further momentum to the economic development of the state, industry and trade organisations, Panchayat Raj institutions, urban bodies and representatives of different political parties have given many important suggestions to the visiting 14th Central Financial Commission.

In the meetings, chairman of the commission YV Reddy and members have given assurance to give serious consideration on the received suggestions and memorandums.

Chhattisgarh Chamber of Commerce and Industries president and local MLA Srichand Sundarani and general secretary Jitendra Barlota submitted a joint memorandum to the commission. Sundarani, while praising the tax system of Chhattisgarh government, said that the revenue in the state has registered an unprecedented increase, as the government has closed commercial tax barrier and made rational simplification of tax. At the time of formation of Chhattisgarh in 2000, the tax revenue of the state was only Rs 458 crore, which now has increased to 8,892 crore, he added.

Centre for Indian Industries (CII) representatives led by its Chhattisgarh chapter president Dinesh Agrawal, in a memorandum, suggested to make home loan cheap to promote building construction sector. 

In the meeting, representatives from the Panchayat Raj institutions, including Raipur district panchayat president Laxmi Verma, Mahasamund district panchayat president Sarla Kosariya and others, suggested the commission that for the development of villages, fund should be transferred directly to the account of village panchayats, in accordance to local needs of villages.

Discussing with the commission, Raipur mayor Kiranmayi Nayak, mayor Jagadalpur Kirandev, Ambikapur mayor Prabodh Minz, Durg mayor Dr Shivkumar Tomar and others also placed many suggestions.

14th Finance Commission members Abhijit Sen, Sushma Nath, Dr M Govind Rao and Dr Sudipto Mandal, secretary of the commission AN Jha, commercial tax secretary of the state government Amit Agrawal, revenue secretary KR Pisda, commissioner Panchayat and Rural Development PC Mishra and other senior officers were present.