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The Hindu
The Hindu
National
Special Correspondent

Commercial taxes department revenue crosses one lakh crore-mark

Tamil Nadu’s Commercial taxes department revenue has crossed the one lakh crore-mark during 2021-2022, which is the highest collection ever recorded, P. Moorthy, Minister for Commercial Taxes and Registration, told the Legislative Assembly on Thursday. The revenue collections for 2021-2022 stood at ₹1,04,970 crore.

“Chennai region contributes 40% revenue in registrations. Also the number of registrations are high. Therefore, to simplify and improve the administration, the Chennai Registration Zone will be divided into two registration Zones, Chennai (North) and Chennai (South),” the Minister said.

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