KL Desk
JAMMU
Marking an increase of 13.101 per cent, the Excise department has registered highest ever revenue of Rs. 520.63 crore up to ending October of current fiscal (7 months) against Rs. 460.26 crore collected during the corresponding period of last financial year.
The department is poised to realize highest ever targeted revenue of Rs. 905.54 crore during the current financial year against Rs. 813.54 crore revenue collected during the last fiscal.
This was stated at a meeting convened on Tuesday and presided by minister for Finance and Ladakh Affairs, Abdul Rahim Rather.
Speaking on the occasion, Rather said greater revenue was imperative for the development of the state. He called upon the officers of Excise Department to work with zeal and dedication for maximum realization of revenue. This, he said, was essential as the tax revenue comprised the major component of the overall revenue of the state.
Rather complimenting the officers of the excise department exhorted upon them to work with honesty to surpass all the past achievements in the current financial year.
