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Pune Board Tensed with Possible Low Revenue Generation from GST

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GST is giving dilemma in every government body by the fact of its roll out and its implementation on various departments of the authorities. In the same world of confusion, the Pune Cantonment Board is in tensed situation as the board has been suffering from loss of revenue and upcoming GST will sour its problem even more.

According to the board, it has been running on central grants and other taxes like property taxes, local body taxes on businesses, parking fees, and rents which source money into the board. A senior PCB official said that “We conducted the triennial assessment over the past year and this year as well. We were on track to complete it, but the net payable tax for quite a number of citizens had increased under new assessment rules and they had appealed for a review in substantial numbers. The dispatches were delayed due to this. But we are yet to see whether this affects the tax amount which will be collected.”

Now the ‘Local Body Tax’ is also on the verge of getting itself disappear which has made the tension line on the forehead of PCB more visible as the tax is a source of completing the payroll duties of the staff and other localized department works.

Read Also: GST Impact on Common Man

The PCB don’t want to loose a significant amount of revenue and has urged to the center for a new vehicle entry fee which will somehow save the operational revenue for the board. DN Yadav, chief executive officer of PCB, stated that “We would want to have a vehicle entry fee, but the process for that is very difficult, as it needs to be approved by the ministry of defense. Notifications regarding the abolition of the VET and the imposition of the vehicle entry fee needs to be obtained, which is a very long and cumbersome process.”

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Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Subodh Kumawat
Subodh has done with numerous professional degrees ranging from Human Rights to Banking along with MBA in HR Marketing. He is also interested in the field of tax-related articles and blog as per the industry based norms. Having expert knowledge in diverse sectors, he assures facts and figures along with testimony, in his articles. Working in SAG Infotech, he is a trusted author among the readers globally. View more posts
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