Revenue Generation By State In India
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State governments collected 2 0 trillion of general revenue in 2017.
Revenue generation by state in india. And transfers from the federal government. State government revenue comes from income sales and other taxes. This is a list of states of india by projected own tax revenues of their governments excluding the shares from union tax pool for the year 2014 19 from annexure 7 1 pdf. The state has the world s largest refinery in.
Taxes accounted for about half of all general revenue in 2017. Report of the thirteenth finance commission 2014 2019 pdf report. They are presently by far the leading source of revenue for the central government and are levied on commo dities produced within the country but exclu ding those commodities on which state excise is levied viz liquors and narcotic drugs. With figures in crore of indian rupees data for union territories except delhi is not available.
In 2018 19 goa haryana punjab kerala rajasthan jharkhand chhattisgarh assam and orissa expect to generate more than 10 of their revenue through non tax sources. General revenue from income sales. Avenues utilised by states for generation of non tax revenue. In the financial year 2016 tamil nadu was the indian state with the highest alcohol revenue at about 300 billion indian rupees.
Certain states depend more on non tax sources to generate their revenue. India has the third largest alcohol market in the world. One of the fastest growing states in india gujarat has seen rapid industrial growth. 90 650 billion gdp per capita.
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