Coal India’s exchequer revenue stood at Rs 20,072 crore in Apr-Jul
State-owned Coal India Ltd's contribution to the government's exchequer rose 2.06 percent to Rs 20,071.96 crore in the April-July period of the ongoing fiscal year.
Coal India Ltd (CIL), holding over 80 percent of domestic coal output, paid Rs 19,666.04 crore to the government exchequer in the year-ago period, according to provisional figures of the coal ministry.
The total levies paid to the government in July went up to Rs 4,992.48 crore from Rs 4,789.42 crore paid a year earlier.
Read Also : Ajay Kumar Sharma Director Personnel, SJVN inaugurated Biodiversity ParkThe amount paid to the Centre and state governments includes royalties, GST, cess on coal, and other levies. Coal production generates substantial revenue for both central and state governments.
Of the total amount paid to the government exchequer in the first four months of FY24, maximum amount of Rs 4,417.12 crore was made to the state government of Jharkhand, followed by Rs 4,319.67 crore to the Odisha government, Rs 3,950.41 crore to Chhattisgarh, Rs 3,526.27 crore to Madhya Pradesh, and Rs 2,086.35 crore to Maharashtra, among others.
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