The growth was led by State excise duties, which increased 31.3% to ₹750.78 crore
Tamil Nadu’s Own Tax Revenue increased 11.4% to ₹9,526.38 crore in November 2020 from ₹8,549.43 crore in the same period of 2019, according to the provisional figures from the Comptroller and Auditor-General (CAG).
In a sign of recovery, the State has posted a double digit growth for the second straight month in its own tax revenue. In October 2020, the State’s Own Tax Revenue (SOTR) increased about 18.8% to ₹9,475.16 crore from ₹7,976.53 in the comparable period last year.
70% of the total
The SOTR comes from stamp duty and registration, value-added tax on petrol and diesel, excise duty on liquor, motor vehicle tax and States Goods and Services Tax. The SOTR accounts for 70% of Tamil Nadu’s total revenue.