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1,257-Cr Windfall For Telangana From Delhi


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Posted

HYDERABAD: In a major relief to Telangana government, the Centre has agreed to return Rs 1,257 crore that was directly credited to the Income Tax Department from the Telangana government's account towards payment of I-T arrears of the erstwhile AndhraPradesh Beverages Corporation LTD.

Concurring with the argument presented by the Telangana Government that the I-T department cannot deduct the amount owed by a public sector undertaking from the funds of the state government, the Centre has agreed to return the amount to Telangana. The file related to returning the amount has been cleared by the Union finance ministry's department of revenue and the finance secretary. 

 

A delegation led by minister for panchayat raj and information technology KT Rama Rao to meet Jaitley in New Delhi and present the state's case. KTR explained to Union finance ministry officials that the tax dues were related to erstwhile Andhra Pradesh and the sharing of assets and liabilities has not been completed between two states. Chief Secretary Rajiv Sharma, who was in the delegation, pointed out to the finance minister that the state government was not an income tax assesse and I-T department action was unwarranted. 

Posted

Ante eppudu TG lo financial crisis mothaniki ye 1250 crs ye reason antava CK baaa...KCR gadu Anni free ga echi 10githe 1250 kadu 12500 crores echina malli deficit lo ki potundi....

Posted

Ante eppudu TG lo financial crisis mothaniki ye 1250 crs ye reason antava CK baaa...KCR gadu Anni free ga echi 10githe 1250 kadu 12500 crores echina malli deficit lo ki potundi....

 

Idhi chudu bro.. TG and Gujarat are the only two states in India who did not use the ways and means approach from RBI because whatever govt spending on welfare is from the Loans that Govt approves from banks with 8% interest.. all states use it for budget deficits etc, but since TG is a budget surplus state it is instead using that money for public wlefare.

 

Telangana and Gujarat remained the only States in the country not to resort to ways and means mechanism of Reserve Bank of India to tide over temporary mismatches in receipts and payments of cash.

Mr. Rajender said the government is almost on track in income and expenditure as compared to budget projections in the last five months of the current year as. The expenditure was Rs.38,000 crore and the income Rs.37,534 crore.

Posted

Idhi chudu bro.. TG and Gujarat are the only two states in India who did not use the ways and means approach from RBI because whatever govt spending on welfare is from the Loans that Govt approves from banks with 8% interest.. all states use it for budget deficits etc, but since TG is a budget surplus state it is instead using that money for public wlefare.

Telangana and Gujarat remained the only States in the country not to resort to ways and means mechanism of Reserve Bank of India to tide over temporary mismatches in receipts and payments of cash.

Mr. Rajender said the government is almost on track in income and expenditure as compared to budget projections in the last five months of the current year as. The expenditure was Rs.38,000 crore and the income Rs.37,534 crore.

Ennina cheppu baa vadu freebies and varaalu taggisthe manchidi, avvi taggichi aa revenue ni solar power production ki utilize chesthe, power konataniki ayye karchu migultundi. Eppudu veedu start chesina chala projects konni rojulu wait chesina pedda nashtam leni projects but proper ga invest chesthe full returns untayi..
Posted

Ennina cheppu baa vadu freebies and varaalu taggisthe manchidi, avvi taggichi aa revenue ni solar power production ki utilize chesthe, power konataniki ayye karchu migultundi. Eppudu veedu start chesina chala projects konni rojulu wait chesina pedda nashtam leni projects but proper ga invest chesthe full returns untayi..

 

Ippudu veedu esevi just foundation Stone vesi pothadu andulo 50% kuda complete kaavu chusuko..ivanni just news lo undadaniki edo podichesthunnadani. They are doing it just like any other political party. AP lo tdp chesedi kuda adhey, ee project and aa project ani time gadipeyadam 2 years tharvata work start chesinattu chupistharu half complete chesi vadilestharu elections time ki ochi vote for us ivanni complete chestham antaru same old political shiiit

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