One notable feature is that the Government proposed to introduce a "
" 2002 for a period of three months, set up of "
" to deal withthe specific categories of arrears. The Samadhan scheme enjoins upon the dealers towithdraw the appeal on Samadhan and all pre-deposits against the deposited amount Thepresent modality for self assessment was also reviewed.
1. Budget 2002-2003 Accounts-A Snap Shot View:1.1.Revenue Receipts:
The Budget for 2002-03would be considered a growthsimulating one. The totalrevenue receipts consist of devolution of resources from theCentral Pool, States Own Taxrevenue, States Own Non-TaxRevenue. The total revenuereceipts amounted to Rs.20836.7 crores in 2002-03 against Rs.18818.0 crores in 2001-02and Rs.18316.7 crores in 2000-01. A decomposition of revenue receipts into tax and non-tax components indicated that they are in the ratio 83.5 : 16.5 - during 2002-03. State'sown tax revenue accounted for 68.83 per cent - and devolution of resources from centre14.62 per cent.Within State's Own Tax Revenue, General Sales Tax accounted for nearly 60 percent, followed by State Excise Duties (14.6%), Central Sales Tax (6.4%), Taxes onVehicles (5.2%) and Stamps and Registration Fees (14.6%). The buoyancy and elasticityof the State Taxes is predicatedby the acceleration in the growthof industry and agriculture andservice sector. To the share of Central Taxes, the Union Exciseaccounted for 36.4 per cent andIncome Tax 17.4 per cent. Itmay be noted that therecommendations of XI UnionFinance Commission actedagainst the interests of the Statein which the State's relative sharehad come down from 5.89 percent to 4.77 per cent. The Statestood to lose resources to a whopping Rs.4036.16 crores.It may be mentioned that stagnation in State's Non-Tax Revenue is noticedbecause of non-collection of user charges for most of the economic activities. Withrespect to Grants -in -Aid there appears to be a stagnancy in the flow during recent past.This is perhaps due to the criteria adopted for deciding quantum of Grants -in -Aid fromthe Centre to the State are iniquitous.
15066325115880293817389344706000120001800024000Revenue Receipts (in Rs. Crores)
Revenue Expenditure (Rs in Crores)