In a bid to enhance the state’s revenue generation, Andhra Pradesh Chief Minister Nara Chandrababu Naidu has emphasized the need for the state to lead the nation in Goods and Services Tax (GST) collections. This call was made during a coordination meeting with Central and State GST officials held at his camp office in Undavalli.
Naidu underscored the importance of employing robust technologies such as data analytics to combat tax evasion. He elaborated that such measures would not only prevent revenue leakage but also contribute significantly to the national wealth.
The Chief Minister further emphasized the necessity of effective coordination between Central and State GST officials, and competitive action plans with neighboring states to boost GST realization. This collaborative approach is expected to streamline the tax collection process and ensure a consistent flow of revenue for both the Centre and the state governments.
The meeting follows Naidu’s earlier statements about making Andhra Pradesh a model for GST collections, underscoring his commitment towards efficient revenue generation and financial management in the state. This call comes at a time when the nation is grappling with issues related to tax evasion and revenue leakages, particularly under the Goods and Services Tax regime.
The discussions held during this meeting are expected to pave the way for a more coordinated and proactive approach towards GST collections in Andhra Pradesh. As the state strives to set an example for the nation, it remains to be seen how these initiatives will impact the overall GST realization and contribute to the national economy.
