Tripura Races to Meet Full Revenue Collection Target by March, Says Finance Minister

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Tripura
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Tripura is making a determined push to achieve full revenue collection by the end of March. Finance Minister Pranajit Singha Roy chaired a high-level meeting on Saturday, directing officials to ensure that all outstanding revenues are collected within the deadline. The minister emphasized that efficient tax collection and proper financial management are crucial for the state’s development.

Officials from the finance and taxation departments attended the meeting, where discussions centered on strategies to maximize revenue collection. Authorities reviewed various revenue streams, including GST, excise, land revenue, and transport taxes. The finance minister urged officials to identify any bottlenecks that could be slowing down collections and take immediate corrective measures. He stressed that every department must contribute to meeting the target and ensuring that government resources are utilized effectively.

The Tripura government has been focusing on strengthening its revenue system to reduce dependence on central grants. With a growing economy and increasing investments in infrastructure and social welfare, the state needs a steady flow of revenue to sustain its projects. The finance minister acknowledged the efforts of tax officials in improving compliance but insisted that more must be done to close any existing gaps. He instructed departments to track defaulters and ensure timely payments.

In recent years, Tripura has taken several steps to enhance revenue collection, including digitizing tax payments and simplifying the filing process. The state has also intensified enforcement against tax evasion. Authorities have been conducting regular inspections to identify businesses that are not complying with tax regulations. Officials believe that these measures have led to an increase in collections, but the government is determined to further streamline the process.

Pranajit Singha Roy highlighted the importance of a transparent and efficient tax administration. He assured business owners and taxpayers that the government is committed to making the system more user-friendly while ensuring that dues are collected fairly. The minister reiterated that there would be no unnecessary harassment of businesses, but strict action would be taken against deliberate evasion.

The finance department has been instructed to send notices to businesses and individuals with outstanding dues. Officials have been told to provide assistance to taxpayers facing difficulties in clearing their dues, ensuring that lack of awareness does not lead to defaults. At the same time, authorities are keeping a close watch on large taxpayers to prevent revenue leakage.

Tripura’s push for full revenue collection comes at a time when the state is planning several large-scale infrastructure and welfare projects. The government has ambitious plans to improve roads, healthcare, and education facilities, all of which require substantial financial resources. The finance minister made it clear that meeting the revenue target is essential for funding these initiatives without relying excessively on borrowings.

Officials are also working on increasing public awareness about tax compliance. The government has been running campaigns to educate people about the benefits of paying taxes on time. Seminars and workshops have been organized to help businesses understand their obligations and encourage voluntary compliance. The finance minister believes that a cooperative approach will lead to better results than aggressive enforcement alone.

As the March deadline approaches, officials are intensifying efforts to meet the target. The finance minister has directed them to submit progress reports regularly and take necessary steps to accelerate collections where needed. Authorities are confident that with focused efforts, the state will be able to achieve its goal and strengthen its financial position.

Tripura’s commitment to full revenue collection reflects its broader vision for self-reliance and sustainable development. The finance minister assured citizens that every rupee collected would be used for their benefit, ensuring better infrastructure, improved public services, and overall economic growth.

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