TNPSC Thervupettagam

Tamil Nadu’s own tax revenue in 2024-25

May 21 , 2025 14 hrs 0 min 23 0
  • Tamil Nadu’s own tax revenue grew by 7.6% in 2024-25.
  • Tamil Nadu’s own tax revenue stood at 1,80,225.53 crore in fiscal 2024-25.
  • This is an increase of about 7.6% from 1,67,105.18 crore in fiscal 2023-24.
  • State’s Own Tax Revenue (SOTR) was estimated at 1,92,752.43 crore in Revised Estimates.
  • It was projected around 1,95,173 crore in the 2025- 26 Budget Estimates.
  • The SOTR contributes 75.3% of Tamil Nadu’s total revenue receipts.
  • Among its components, the State Goods and Services Tax (SGST) increased by 14.4% from 61,960.29 crore in 2023-24 to 70,886.65 crore in 2024-25.
  • The State also saw its revenue from Stamps and Registration Fees increase to about 15% from 19,013.36 crore in 2023-24 to 21,878.27 crore in 2024-25. 
  • Land revenue increased from 255.87 crore in 2023-24 to 277.72 crore in 2024-25.
  • Revenue from Taxes on Sales, Trade, etc., (which includes VAT on petrol, diesel, and liquor) increased from 60,026.96 crore in 2023-24 to 62,335.08 crore in 2024-25.
  • The State Excise Duties (which reflect liquor revenue) increased from 10,774.29 crore in 2023-24 to 11,055.41 crore in 2024-25.
  • Revenue from other taxes and duties declined from 15,074.41 crore in 2023-24 to 13,792.40 crore in 2024-25.
  • The balance of Tamil Nadu’s total revenue receipts comes from non-tax revenue, the Share in Central taxes, and grants-in-aid from the Union government.
  • The Share in Central taxes for 2024-25 was 52,491.88 crore.
  • This is in line with what was projected in the revised estimates for 2024-25.
  • Grants-in-aid from the Union government were 16,509.38 crore for 2024-25, when compared to 20,538.40 crore in the revised estimates for 2024-25.
  • Non-Tax Revenue was 31,388.70 crore in 2024-25, when compared to 28,124 crore in Revised Estimates.
  • Including these components, the State’s total revenue receipts has also stood at 2,80,615.49 crore in 2024-25, as per the preliminary figures from the CAG.
  • The total revenue receipts estimate for 2024-25 was revised to 2,93,906.41 crore.

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