Tamil Nadu News

Tamil Nadu’s Own Tax Revenue 2023-24

November 5 , 2023 1063 days 1923 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.