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FM launches portal to collect Rupees 2 L cr non tax receipt

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Finance minister Arun Jaitley on Monday launched a portal to electronically collect over Rs.2 lakh crore annually in non-tax receipts from sources such as dividends by state-owned firms, RBI and spectrum fee.
“This (portal) has its own advantages and it will reduce a lot of manual work now,” Jaitley said while inaugurating the Non-Tax Receipt Portal (NTRP), developed by the Controller General of Accounts (CGA). State-owned NTPC remitted an interim dividend of Rs. 989 crore to government through the electronic mode.
The annual collection of nontax receipts amounts to over Rs. 2 lakh crore. It mainly includes dividends, interest receipts, spectrum charges, licence fee, sale of forms and RTI application fees.
According to the budget, the government aims to collect over Rs. 2.21 lakh crore as non-tax receipts during 2015-16.
Hindustan Times, New Delhi, 16th February 2016

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