Karnataka has reported strong revenue growth, with Chief Minister Siddaramaiah reviewing the performance of key departments, including Commercial Taxes, Excise, Stamps and Registration, and Mines and Geology, at a high-level meeting, his office said in a release.
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The review underscored Karnataka’s strong economic growth and superior revenue performance, particularly in GST collections, which surpassed national averages.
The Commercial Taxes Department reported revenue collection of ā¹53,103 crore by November, achieving 94 per cent of the year-to-date target of ā¹56,317 crore, his office said.
With an annual target of R. 84,475 crore for 2024-25, the Chief Minister urged officials to focus on underperforming regions such as Malenadu and Mysuru to meet targets. GST collections grew by 15 per cent with Karnataka contributing ā¹13,722 crore, placing the state second nationally in GST collections, as per CMO.
The Excise Department collected ā¹23,600 crore, amounting to 61.26 per cent of its annual target of ā¹38,525 crore for 2024-25. Revenue increased by ā¹1,432 crore, reflecting a 6.46 per cennt growth compared to the previous year, it said.
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Measures to streamline operations and fill vacant Group C posts are being implemented to enhance performance.
The Stamps and Registration Department recorded revenues of ā¹15,161 crore, achieving 58 per cent of its annual target of ā¹26,000 crore. Compared to the previous year, revenue grew by 21 per cent, driven by measures to curb illegal registrations and include unassessed properties in the tax net, the release said.
The Mines and Geology Department reported revenue collections of ā¹4,862 crore by November, against an annual target of Rs. 9,000 crore, reflecting a 10 per cent year-on-year growth, as per CMO.
Discussions focused on streamlining mineral tax policies and optimizing revenues from minor minerals.
The Chief Minister emphasized the need for intensified efforts to meet annual targets.
He directed officials to strengthen vigilance to curb tax evasion, launch special drives in the Commercial Tax and Excise Departments, resolve pending GST applications to accelerate revenue realization, and streamline e-Khata processes in the Stamps and Registration Department.
Officials were instructed to implement these measures promptly to sustain Karnataka’s revenue growth trajectory.
