HomeNewsBusinessEconomyOver Rs 3900 cr collected as Swachh Bharat Cess in last fiscal

Over Rs 3900 cr collected as Swachh Bharat Cess in last fiscal

The government had imposed 0.5 percent SBC on all taxable services from November 15 last year.

November 18, 2016 / 09:44 IST
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Over Rs 3,900 crore was collected as Swachh Bharat Cess (SBC) in the last financial year, the Rajya Sabha was informed.

The government had imposed 0.5 percent SBC on all taxable services from November 15 last year.

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"The total amount collected from SBC during fiscal 2015-16 was Rs 3,901.76 crore," Minister of State for Urban Development Rao Inderjit Singh said in a written reply.

He said 80 percent of the proceeds of the cess goes to Drinking Water and Sanitation Ministry, while the remaining 20 percent to Urban Development Ministry.