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Tamil Nadu’s share of Central taxes 2025
February 3 , 2025
9 hrs 0 min
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- Tamil Nadu would receive a higher amount as its share of Central taxes as per the Union Budget for 2025-2026.
- Tamil Nadu’s share of Central taxes is 4.079%, as recommended by the 15th Finance Commission.
- The amount is to be received by the State as the share of the Central taxes has been increased to ₹52,491.88 crore in the revised Union Budget estimates for 2024-25 from ₹50,873.76 crore in the initial estimates.
- For 2025-2026, the Union Budget has estimated Tamil Nadu’s share of Central taxes at ₹58,021.50 crore.
- States were allowed a Fiscal Deficit (the difference between total receipts and total expenditure) of 3% from 2023-24 onwards.
- An additional borrowing of 0.5% of GSDP was allowed for a period of four years from 2021-22 to 2024-25 on fulfilment of Power Sector Reforms.
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