The officers of Bihar Finance Service met the Chief Secretary Sri Somesh Kumar IAS at BRKR Bhavan today. On the occasion, the Chief Secretary explained about the implementation of GST in Telangana state.
He acknowledged that under the able guidance of the Honourable Chief Minister Sri K Chandrashekar Rao, the state has achieved rapid progress in increasing the tax base which has resulted in the doubling of the commercial tax revenues over the last five years.
Rationalization and reorganization of the department was done twice in 2018 and 2020. Economic intelligence unit was created to conduct research and analysis into specific sectors of economy and identify potential revenue areas, he added.
Use of technology, Apps and data analytics and a paradigm shift in the Commercial Tax administration in the state from individual based to system driven tax administration has helped the state achieve tremendous success in tax revenue realization.
Director General MCRHRD Sri Harpreet Singh, Commissioner Commercial Tax Smt Neetu Prasad and other officials attended the meeting.
