Orissa has overshot the budget estimate (BE) for revenue collection and recorded impressive growth in combined earnings of tax and non-tax revenue in 2010-11 compared to the achievement in the previous year.
The state’s tax and non-tax revenue at Rs 15,338.26 crore in 2010-11 was 13.39 per cent higher than the BE of Rs 13,526.01 crore and 25.77 per cent more than the corresponding figure of Rs 12,194.53 crore in 2009-10.
While the state's tax revenue stood at Rs 11,169.30 crore compared to the BE of Rs 10,360.03 crore, the non-tax revenue was Rs 4,168.96 crore against the BE of Rs 13,526.01 crore.
The tax revenue rose from Rs 8,982.33 crore in 2009-10 to Rs 11,169.30 crore in 2010-11, registering a growth of 24.34 per cent. Similarly, non-tax revenue in the same period surged by 29.78 per cent to reach Rs 4,168.96 crore by the end of 2010-11 compared to Rs 3,212.21 crore in 2009-10.
The state's overall revenue receipts, including tax revenue, non-tax revenue, share tax and grants from the Centre stood at Rs 32,514.65 crore which is a growth of 23.02 per cent over Rs 26,430.20 crore in 2009-10.
Within the fold of tax revenue, professional tax witnessed a marginal dip from Rs 135.55 crore to Rs 133.28 crore while land revenue grew from Rs 292.17 crore to Rs 390.66 crore, an increase of 33.7 per cent.
State excise collection rose from Rs 849.05 crore to Rs 1,094.26 crore whereas sales tax increased from Rs 5,408.76 crore to Rs 6,806.8 crore. Other segments that contributed to the tax revenue base are stamps & registration (Rs 415.03 crore), taxes on vehicles (Rs 705.01 crore), entry tax (Rs 1,111.37 crore), taxes and duties on electricity (Rs 458.06 crore) and other taxes & duties (Rs 54.83 crore). In the non-tax revenue bracket, revenue from non-ferrous mining and metallurgical industries was the single biggest contributor at Rs 3,329.19 crore which is a spurt of 64.74 per cent over Rs 2,020.76 crore achieved in 2009-10.
