Tamil Nadu pips Karnataka to emerge as the third-largest state in own tax revenues in H1 FY23

Tamil Nadu pips Karnataka to emerge as the third-largest state in own tax revenues in H1 FY23

Daily Current Affairs   /   Tamil Nadu pips Karnataka to emerge as the third-largest state in own tax revenues in H1 FY23

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Category : State Published on: November 11 2022

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  • Tamil Nadu has displaced Karnataka to emerge as the third largest state in terms of own tax revenue collections in the first half of the current fiscal, driven largely by excise duty on liquor sales.  
  • Maharashtra and Uttar Pradesh take the first two positions.
  • According to the provisional figures from Comptroller and Auditor General of India, Tamil Nadu has mopped up ₹68,638 crore in State's Own Tax Revenue collections between April-September against Karnataka's ₹66,158 crore tax collection. Maharashtra and Uttar Pradesh mopped up ₹1,15,211cr and ₹1,02,687cr respectively.
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