TNPSC Thervupettagam

Tamil Nadu’s Own Tax Revenue 2023-24

November 5 , 2023 257 days 599 0
  • Tamil Nadu's Own Tax Revenue grew 4.92% to 72,017.8 crore in the first half of 2023-24, from 68,637.7 crore in the comparable period last year.
  • The State’s Own Tax Revenue (SOTR) accounts for 70% of Tamil Nadu’s total revenue.
  • The State Goods and Services Tax (SGST) collection grew about 12.2% to 29,481.97 crore in the April-September, 2023 period.
  • This was 26,285.31 crore in the same period last year.
  • Revenue from Stamps and Registration Fees increased to 9,241.14 crore in the first half of 2023-24 from 8,662.15 crore in the comparable period of last year.
  • Tamil Nadu’s revenue deficit was 21,635.55 crore in the April-September, 2023 period.
  • Fiscal deficit, which is the difference between total receipts and total disbursals, stood at 45,168.86 crore in the first half of 2023-24.

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