Over 62 crores revenue were collected.
Taxpayer Service Office Taulihwa has collected 86.50 percent of the target revenue for the fiscal year 2080.081. According to Tax Officer Bhimprasad Sapkota, the office's income collection for the previous fiscal year was 6274 million, falling short of the objective of 716 million, 68 million, and ten thousand.
According to Tax Officer Sapkota, the offices at Kapilvastu, Buddhabhumi, Banganga Municipality, Mayadevi, Yashodhara, and Suddhodhan Rural Municipality are under their control. According to him, the 96.67 million 36 thousand target revenue has not been attained. According to Tax Officer Sapkota, the lack of a vibrant economy following Corona, interest rates on bank deposits rising, limited economic activity, etc., has left entrepreneurs unable to make monthly income payments.
The income tax generated 307 million fourteen thousand dollars, the largest portion of the total revenue raised in a single year of the previous fiscal year. VAT is 21 crore 29 lakh 6 thousand, excise duty is 7 crore 31 lakh 57 thousand, interest tax is 1 crore 86 lakh 6 thousand, restored tax is 1 crore 16 lakh 41 thousand, and health tax is 33 lakh 49 thousand.
The office's statistics show that there are 17,300 taxpayers in the district throughout its six local levels. 968 individuals filed income taxes, 2821 personal PANs, 132 VAT returns, 90 excise returns, and 43 institutional PANs during the most recent fiscal year. Similarly, the number of taxpayers registered under personal PAN has increased even after PAN numbers became mandatory in government and gas businesses.
The Taxpayer Service Office is keeping an eye on the market in several regions in its service area, according to Information Officer Narayan Prasad Banjade. Information officer Banjade claims that while market surveillance was taking place, a fine of $160,000 was also assessed. In an effort to raise taxpayer knowledge, the office has been running tax education sessions in addition to various awareness campaigns.