South Africa tour of India 2019
Telangana Ranks Seventh, AP 14th In IT Collections
Telangana stands among the top ten states of the country for the highest income tax in the current fiscal with adjoining Andhra Pradesh lagging
Data says that Telangana contributed Rs 37,806 crores which is 4.1 percent of India’s total collections and Andhra Pradesh could contribute only 1.4 percent with only Rs 13,446 crores in the total amount collected.
Telangana has been known as the youngest state in the country and yet, it was able to contribute 3.98 percent during 2016-17.
According to the IT collection department, Income tax collections in the country have increased by 13.14 percent in the last three years. While in Telangana, I-T collections increased by 15.16 percent.
Maharashtra stood first in the country in terms of tax collection with 34.23 percent share in the total amount collected. Bihar stood at the bottom with the least percentage of share.
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