: The Telangana Government today claimed it stood in the top position among other states in terms ofaverage growth rate in it's tax revenues.
An official release from Chief Minister K Chandrasekhar Raos office, citing data from the Comptroller and Auditor General's website, said that with 17.2 per cent average growth rate in the state own tax revenues, Telangana stood first compared to all other states.
The CAG has given the details of the tax revenues of all the states from June 2014 to Maythis year, it said.
"In all during the past four financial years while Telangana stands at 17.2per centaverage growth rate in the first position, Haryana with 14.2per cent, Maharashtra with 13.9per cent, Odisha with 12.4per cent, West Bengal with 10. 3per centstand next,"the release said.
The rest of the states achieved below 10per centgrowth rate,it added.
The State's growth rate in the 2015-16 fiscal was 13.7 per cent,21.1 per cent in2016-17 and16.8 per cent in 2017-18,the release said.
Rao claimed that the progressive financial policies, fiscal discipline, commitment of the people in paying taxes to the government, resulted in Telangana achieving the highest average growth rate.
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