CM Yogi: No New Tax Or VAT Hike In Coming Years In UP

Collected amount will be spent on developmental works...

Lucknow: On Friday, Uttar Pradesh Chief Minister Yogi Adityanath said that keeping in mind the larger section’s interest, the government has neither increased the VAT and nor has imposed any new tax in the state (UP).

“We have increased the rate of VAT or imposed any new tax in the state. Today the lowest VAT rate on petrol and diesel is in Uttar Pradesh. Keeping this in mind, efforts should be made to increase the revenue collection according to the zone-wise potential," said CM Yogi.

Chairing a meeting of the state tax department pertaining to revenue collection at his residence, he said that Value Added Tax (VAT) will not be increased in the near future too.

CM Yogi Adityanath said the amount collected from the public will be spent on developmental and public welfare works which will benefit the public only, according to an official statement.

He directed that for financial year 2022-23, concrete efforts should be made pertaining to revenue collection with an aim to collect ? 1.50 lakh crore as Goods and Services Tax (GST) and VAT.

The chief minister also directed officials that the number of GST-registered traders should be increased to 4 lakh in the upcoming 6 months.

The traders should be told about the benefits of GST registration, Income tax Return (ITR). Organize seminars in small towns. There is still a lack of awareness in many areas like Gorakhpur and Basti divisions. Special efforts will have to be made by the field level officers," the statement said quoting the chief minister.