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Increase in Herat, Kandahar Revenue

in Afghan Business

Increase in Herat, Kandahar Revenue

The annual revenue of western Herat province has increased to 19.98 billion afghanis ($385 million) in 2011, compared to 14.83 billion afs during the previous year.

Local officials said on Saturday the Ministry of Finance had set the province a revenue target of 19 billion afs for the year, but the overall income indicated a12 percent surge.

Revenue Director Ghulam Yahya Sarkhush said they eyed a 30 percent increase in in taxes realised from companies, traders, landlords, government employees and transporters.

Transport Director Mohammad Imaq, on the other hand, said the ministry had set the target without announcing any hike in taxes. “A three percent levy on passenger buses and five percent on trucks was imposed in 2005 and there has since been no revision,” he added.

Herat, Afghanistan’s second largest commercial hub, has seen a considerable increase in its revenue in recent years. Governor Sabir Shah said the province contributed 18 percent to the national revenue. The overall revenue last solar year was more than 100 billion afs.

In southern Kandahar, officials said the provincial revenue jumped to 1.255 billion afs last solar year from 800 million afs in 2010, registering a 50 percent increase.

Revenue department head, Azim Khan Ahmadzai, said there had been considerable improvement in areas of governance, security and development, which had a direct impact on revenue.

Taxes collected from owners of shops, houses, private companies and government employees showed a 50 percent hike, he said, adding overall expenses of government departments stood at 9.43 million afs.

About 12 million afs had been given in compensation to 148 families which lost their kin in incidents of violence, he said. “The payments were made in compliance with a presidential order,” he concluded.

Tags assigned to this article:
Afghanistan taxHeratKandaharRevenue Afghanistan

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