Government collects record revenue

The government has collected Rs 84.4 billion revenue in the first eight months of this fiscal year. During the same period last fiscal year, the revenue collection was at Rs 60.61 billion, according to the finance ministry.
The increased amount Rs 23.43 billion that is 38.6 per cent growth is the record increasement in the revenue collection in the history, said Krishna Hari Baskota, acting revenue secretary at the finance ministry. In the total collection, Voluntary Disclosure of Income Sources (VDIS) contributed Rs 470 million in the total revenue collection," he added.
The government has been successful in revenue collection, though it has failed to spend on development activities. The government had collected Rs 72.26 billion till the end of the seventh month of this fiscal year 2008-09.