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.