In TN, State’s own tax revenue saw marginal decline in Dec 2021

The Hindu

Saturday, February 12, 2022 09:42:48 AM UTC

Data reveals there was a decline of over 3% in December 2021, compared to the same period in 2020

The Tamil Nadu government’s own revenue saw a marginal decline of over 3% in December 2021 when compared to the same period in 2020, amid the spread of the third wave of COVID-19. State’s Own Tax Revenue (SOTR) account for over 70% of the total revenue.

In December 2021, the SOTR was ₹9,404.55 crore, when compared to ₹9,767.22 crore in same period in 2020, according to provisional figures of Comptroller and Auditor General (CAG). Among the SOTR components, State GST revenue declined about 8.5% to ₹3,123.09 crore in December 2021 from ₹3,414.33 crore in same period in 2020.

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