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The Hindu
The Hindu
National
Vikas Vasudeva

Haryana presents ₹1,77,255 crore tax-free budget

The Haryana government on Tuesday presented a tax-free budget for 2022-23 with an outlay of ₹1,77,255.99 crore, an increase of 15.6% compared to the previous year.

Chief Minister Manohar Lal, who also holds the portfolio of Finance, said the budget was focused on giving impetus to the post-COVID economy in the State.

The budget outlay comprises 34.4% as capital expenditure of ₹61,057.36 crore and 65.6% as revenue expenditure of ₹1,16,198.63 crore. The total revenue receipts are projected at ₹1,06,424.70 crore, which comprise tax revenue of ₹73,727.50 crore, non-tax revenue of ₹12,205.36 crore, the share of Central taxes at ₹8,925.98 crore, and grants-in-aid of ₹11,565.86 crore. Besides this, capital receipts are projected to be ₹5,393.89 crore.

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