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Tax collection jumps 16 pc to Rs 7,097 cr in NE

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GUWAHATI, June 3 - Union Minister of State for Finance Shiv Pratap Shukla today said that the Centre is trying to plug the e-connectivity loopholes pertaining to online filing of returns in the North East on priority basis.

�The connectivity issues typical to the region is being looked into and will be resolved soon,� Shukla said.

The Union Minister today reviewed the financial scenario in the North East in the presence of top income tax officials of the Income Tax department of North East zone.

He also had a meeting with the representatives of banks and insurance companies at the Ayakar Bhawan.

Talking to media persons, Shukla informed that the total tax collection amount for the year 2017-18 in the North East stood at Rs 7,097 crore, witnessing a quantum jump between 15 to 16 per cent compared to the preceding year.

Replying to a query, the Union Minister said that as on today the total number of tax payers in the region is 7.38 lakh, which includes an additional 1.89 tax payers who were brought under the ambit last year.

�Nearly half of the population in the region is exempted from the tax purview as per the Sec 10(26) of the Income tax Act although the department is doing its utmost to expand the tax-payer base and during the financial year

2017-18 alone, 1, 89,784 new assesses have been added to raise the number of assesses to 7, 37,815 as on March this year,� he said.

To a question, Shukla said that the department has not written off any tax dues in the region.

The Minister also reviewed performances of banking sector and different insurance companies and NABARD of the region in general and Assam in particular.

Different schemes launched in North East such as Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Jeevan Jyothi Yojana, Pradhan Mantri Jeevan Jyothi Suraksha Bhima Yojana, Atal Pension Yojana and other schemes were discussed in the meeting.��

A statement issued further stated that 142.32 lakh bank accounts were opened in Assam Under Pradhan Mantri Jan Dhan Yojana and loan amount to the tune of Rs 3443 crore were disbursed under Pradhan Mantri Mudra Yojana during 2017-18.

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Tax collection jumps 16 pc to Rs 7,097 cr in NE

GUWAHATI, June 3 - Union Minister of State for Finance Shiv Pratap Shukla today said that the Centre is trying to plug the e-connectivity loopholes pertaining to online filing of returns in the North East on priority basis.

�The connectivity issues typical to the region is being looked into and will be resolved soon,� Shukla said.

The Union Minister today reviewed the financial scenario in the North East in the presence of top income tax officials of the Income Tax department of North East zone.

He also had a meeting with the representatives of banks and insurance companies at the Ayakar Bhawan.

Talking to media persons, Shukla informed that the total tax collection amount for the year 2017-18 in the North East stood at Rs 7,097 crore, witnessing a quantum jump between 15 to 16 per cent compared to the preceding year.

Replying to a query, the Union Minister said that as on today the total number of tax payers in the region is 7.38 lakh, which includes an additional 1.89 tax payers who were brought under the ambit last year.

�Nearly half of the population in the region is exempted from the tax purview as per the Sec 10(26) of the Income tax Act although the department is doing its utmost to expand the tax-payer base and during the financial year

2017-18 alone, 1, 89,784 new assesses have been added to raise the number of assesses to 7, 37,815 as on March this year,� he said.

To a question, Shukla said that the department has not written off any tax dues in the region.

The Minister also reviewed performances of banking sector and different insurance companies and NABARD of the region in general and Assam in particular.

Different schemes launched in North East such as Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Jeevan Jyothi Yojana, Pradhan Mantri Jeevan Jyothi Suraksha Bhima Yojana, Atal Pension Yojana and other schemes were discussed in the meeting.��

A statement issued further stated that 142.32 lakh bank accounts were opened in Assam Under Pradhan Mantri Jan Dhan Yojana and loan amount to the tune of Rs 3443 crore were disbursed under Pradhan Mantri Mudra Yojana during 2017-18.

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