Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Govt fails to collect Rs 7,125 crore tax dues

Updated: May 3rd, 2016, 01:25 IST
in Uncategorized
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Post News Network

Bhubaneswar: The state government failed to collect approximately Rs 7125crore tax and dues of various companies towards mining royalty, water, power dues and others taxes due to litigation although it is dependent on market borrowing to meet its revenue shortfall.
Finance minister Pradip Kumar Amat told the assembly in response to a written question of member Sanjib Kumar Sahoo (BJD) Monday the state has prepared a list of firms who owe Rs 1crore or more but the revenue could not be realised due to court cases.
At least Rs 2085.96crore could not be realised as commercial tax from 109 organisations, the minister said adding Sterilite Energy Ltd/Vedanta Ltd owes `202.77 crore followed by Bhushan Steels with Rs 195.50 crore, G M R Kamalanga Energy Ltd owed `135.17crore and `113.87 crore of
IFFCO Limited.
Similarly, `1874.01crore could not be collected from 26 organisations as electricity duty by the energy department, he said. The highest amount of Rs 872.14 crore could not be realised as power bill from Indian Charge Chrome/IMFA followed by Rs 354 crore from central public sector Nalco and Rs 314.81 crore from Rourkela Steel Plant, he said.
The steel and mines department failed to collect Rs 1809.70 crore as mines royalty from 11 organisations, like Rs 1317.17 crore from MCL, Sambalpur, Rs 328.42 crore from Tisco, Joda East Iron Mines, Rs 65.88 crore from RP Sao, Joda Guali Iron Mines, 26.08 crore from Nalco, PP Mali, Rs 25.09 crore from Rungta Mines Limited, Joda, Jajng Iron Mines among others.
Likewise, water cess worth Rs 1281.66crore has not been recovered from 13 companies due to stay orders from courts. This includes Rs 439crore from Nalco, Rs 291.82 crore from Ballarpur (Seva), Rs 158.67crore from Ballarpur Industries, Rs 138.13 crore from SE Railways (Jharsuguda).
Excise revenue worth Rs 21.62 crore – Rs 13.52crore from Mangalam Timber and               Rs 8.10crore from SAB Miller Paradip – is also pending due to court stay, while the state government has failed to collect Rs 52.29crore tax from the forest sector.
The finance minister, however, said the Chief Secretary is reviewing collection of such taxes every month. The state is consulting standing counsels to resolve the legal disputes to speed up collection of the pending taxes and dues.

Also Read

Food poisoning

Odisha boy dies, four family members hospitalised in suspected food poisoning case

10 hours ago
Nitin Nabin

BJP chief Nitin Nabin to hold key meetings in Bhubaneswar, Puri

10 hours ago
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019

Archives

Editorial

Rise of Technocrats

May 16, 2026

By Dilip Cherian India’s latest babu reshuffle story is not really about transfers or appointments. It is about a deeper...

Read moreDetails

Xi-Trump Tete-a-Tete

Pic- AP
May 13, 2026

Finally, the much-awaited meeting between US President Donald Trump and his Chinese counterpart Xi Jinping is taking place. Trump’s three-day...

Read moreDetails

PM’s Prescription

Narendra Modi - Women's Reservation Act
May 12, 2026

When Prime Minister Narendra Modi urged the people in the country on 10 May to curb fuel use, reduce overseas...

Read moreDetails

Biased Neutral

Tamil Nadu elections
May 11, 2026

The framers of the Constitution envisaged the office of the Governor as a neutral constitutional authority, detached from partisan politics...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST