Bihar taxation improved significantly from 2015-16: FM Jaitley after GST meeting

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New Delhi, Sep 28 (ANI): Finance Minister Arun Jaitley on Friday said that Bihar benefitted by 27 per cent inflated taxation in 2015-16 as compared to the previous year. Speaking after attending the Goods and Services Tax (GST) Council meeting, he said, “Some states used to have special taxation in 2015-16. Apart from VAT, these taxes got subsumed because of which their 2015-16 were inflated. Bihar imposed additional VAT in 2015-16 when tax reduced due to the prohibition of alcohol. Bihar’s taxation inflated by 27% as compared to the previous year. Bihar benefited from this aberration.”

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