New Delhi, Feb. 16 (ANI): Union Finance Minister Arun Jaitley today inaugurated the Non-Tax Receipt Portal (NTRP), which has been developed by the Controller General of Accounts (CGA) office.
The portal provides a one-stop platform to citizens, corporate and other users for making online payment of Non-Tax Receipts to the Government of India.
The annual collection of Non Tax Receipts is over Rs. two lakh crores. The biggest share flows from dividends paid by Public Sector Undertakings, RBI etc.
The other major items of Non Tax Receipts are interest receipts, spectrum charges, royalty, license fee, sale of forms, RTI application fee etc.
This is an important initiative taken by Controller General of Accounts, Department of Expenditure, Ministry of Finance, under the Digital India campaign.
NTPC remitted an interim dividend to the government, through NTRP, amounting to Rs. 989 crore. While direct and indirect taxes are largely collected using the e-payment mode, Non-tax revenues (NTR) flow mainly through physical instruments such as bank draft, cheque and cash.
The Non Tax Receipt Portal fills this vacuum and provides an end to end solution for complete value chain of non-tax receipts, including online user interface, payment at the Payment Gateway Aggregator and reconciliation and accounting of receipts by government, departments and ministries.
The online electronic payment will help avoid delays and remittance of these instruments into government account as well as eliminate undesirable practices in the delayed deposit of these instruments into bank accounts.
A depositor can make online payment to the government using either a credit card, a debit card or through net banking with the Payment Gateway Aggregator (PGA).
At present, SBI e-Pay is the PGA for NTRP. This is an important initiative taken by controller general of accounts, department of expenditure, Ministry of Finance under the Digital India campaign. (ANI)