The State’s revenue receipts at the end of the April-June quarter reached ₹35,024.72 crore, 16.17% of the ₹2.16 lakh crore projected for the current financial year in the budget estimates.
Tax revenues crossed ₹30,000 crore and reached ₹31,725 crore during the period, registering achievement of 20.8% of the ₹1.52 lakh crore projected for the fiscal. Revenue under various heads, including Goods and Services Tax, Stamps and Registration, State Excise duties, and State’s share of Union Taxes showed no appreciable growth during the quarter with all remaining around 20% of the projections given in the budget estimates.
Revenue through Goods and Services Tax for instance was ₹11,418 crore, 22.41% of the ₹50,942 crore of budget estimates and that through the State Excise duties was ₹4,405 crore (₹19,884 crore in budget estimates) while revenue through stamps and registration was ₹3,510 crore (BE ₹18,500 crore).
