Tax collection declined due to second wave: Sisodia

New Delhi, Deputy Chief Minister Manish Sisodia on Thursday said the Delhi Government's tax collection has declined due to second wave of COVID-19 pandemic and lockdown, while the expenditure has increased in comparison with the previous years for implementation of various relief and other measures to check the spread of COVID-19.

He informed that the expenditure of Delhi Government has increased around 80 per cent during the first two months of the financial year 2021-22 as compared to the corresponding period of previous financial year.

Delhi Government issued an order on Expenditure Management and Rationalisation of Expenditure – COVID-19 outbreaks.

Mr Sisodia, who is also the Delhi Finance Minister, announced that this memorandum has been released to rationalise Government's expenditure and keep it within the resources, in times of COVID-19 pandemic, the Delhi government said in a statement.

He further stated that revenue receipts of Delhi has been Rs 5,273.26 crore during the first two months of the current financial year, while its expenditure has reached Rs 8,511.09 crore.

Delhi has incurred Rs 3,237.83 crore more than its receipts which were met from last year's savings.

Historically, during the first two months, the expenditure used to be Rs 4705.14 crore in FY – 2019-20

and Rs 4965.58 crore in FY – 2020-21, however, due to unprecedented COVID surge, the expenditure during the first two months has jumped to Rs 8511.09 crore in current FY.

The order has been issued to curtail the expenditure of the Government, beyond the expenditure for essential and day to day functions. Further, the various welfare schemes being run for the citizens of Delhi will remain unchanged.

(EW News Desk)

 

Renu’s Dhanjal:  Patna, Still Drowning

Patna’s recurring floods echo Phanishwar Nath Renu’s 1975 reportage. Fifty years later, the crisis exposes urban planning failures, drainage gaps and lost lessons.

Niraj Krishna   |  2 days, 19 hours ago

The Price of Profit in Satya Niketan, South Delhi

The Satya Niketan tragedy is not simply a story of one negligent landlord. It raises serious questions about unregulated construction, overcrowded student housing and the failure of civic enforcement in South Delhi.

Dinesh Dubey @ Editorial   |  2 days, 21 hours ago

The Rise of Rogue AI Agents and the Global Rush for Liability Laws

Rogue AI agents are raising new cybersecurity and accountability risks. Why governments need binding liability laws for autonomous AI systems.

Dinesh Dubey @ Editorial   |  3 days, 9 hours ago

NEPAL IN THE GRIP OF WORST FLASH FLOOD DISASTER

Nepal faces a devastating flash flood disaster linked to glacial ice and debris, with hundreds dead, thousands missing and major infrastructure badly damaged.

Alok K.Shrivastava   |  3 days, 10 hours ago

India’s Cities Are Growing Faster Than Their Infrastructure

India’s rapid urbanisation is outpacing infrastructure, governance and planning. Why cities need better housing, mobility, water management and climate resilience.

Ankita Mishra   |  3 days, 10 hours ago

Article 142:  Who Bowed—Power or Democracy?

The withdrawal of protest-related FIRs raises deeper questions about Article 142, public pressure, judicial power, institutional autonomy and the Rule of Law in India.

Niraj Krishna   |  4 days, 6 hours ago

Comments

YOU MIGHT ALSO LIKE

View More

By Niraj Krishna   |   2 days, 19 hours ago
Renu’s Dhanjal:  Patna, Still Drowning
By Alok K.Shrivastava   |   3 days, 10 hours ago
NEPAL IN THE GRIP OF WORST FLASH FLOOD DISASTER
By Ankita Mishra   |   3 days, 10 hours ago
India’s Cities Are Growing Faster Than Their Infrastructure
By Niraj Krishna   |   4 days, 6 hours ago
Article 142:  Who Bowed—Power or Democracy?