The State’s tax revenue dipped to ₹59,221.24 crore in 2020-21 from ₹66,724.19 crore in 2019-20, according to the Comptroller and Auditor General’s (CAG) report detailing the State’s annual accounts for 2020-21, giving an indication of how COVID-19 impacted State finances that year.
The State's own tax revenue slipped from ₹50,323.14 crore in 2019-20 to ₹47,660.84 crore in 2020-21, and non-tax revenue from ₹12,265.22 crore to ₹7,327.31 crore, according to the report tabled in the State Assembly. The Gross State Domestic Product (GSDP) decreased by 7.94% between 2019-20 and 2020-21, while revenue receipts increased by 8.19%. Total revenue receipts stood at ₹97,616.83 crore which included grants-in-aid and contributions to the tune of ₹31,068.28 crore.
