TNPSC Thervupettagam

Own Tax Revenue impacts - Tamilnadu

December 24 , 2023 208 days 313 0
  • Tamil Nadu’s Own Tax Revenue, which accounts for over 70% of total revenue, is likely to be affected by the floods in Chennai and the Southern districts.
  • For 2023-24, the State’s Own Tax Revenue (SOTR) is projected to be 1,81,182 crore, as per the Budget estimates.
  • It is a 20.61% growth from 2022-23.
  • The SOTR accounts for 78.9% of Tamil Nadus total revenue.
  • So far in 2023-24 (Till October 2023), Tamil Nadu’s Own Tax Revenue was 84,930.9 crore.
  • This constitutes around 46.88% of the Budget estimates.

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