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The Hindu
The Hindu
National
Sanjay Vijayakumar

State’s Own Tax Revenue rose marginally in 2023-24

Tamil Nadu’s Own Tax Revenue stood at ₹1,52,030.77 crore in fiscal 2023-24, as per the preliminary un-audited provisional figures from the Comptroller and Auditor General of India (CAG).

As per the preliminary figure, the State’s Own Tax Revenue (SOTR) increased marginally from ₹1,50,222.75 crore in the final accounts for 2022-23. SOTR contributes 75.6% of Tamil Nadu’s total revenue receipts.

The SOTR estimates were revised to ₹1,70,147 crore for 2023-24 from the initial budget estimates of ₹1,81,182 crore, owing to the severe impact caused by natural calamities, as per the State budget for 2024-25 presented in February.

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