Sun May 18 17:07:02 UTC 2025: Here’s a summary of the text, followed by a news article rewrite:
**Summary:**
Tamil Nadu’s own tax revenue for the fiscal year 2024-25 reached ₹1,80,225.53 crore, a 7.6% increase from the previous year. This State’s Own Tax Revenue (SOTR) contributes a substantial 75.3% to the state’s total revenue. The State Goods and Services Tax (SGST) saw a significant increase of 14.4%. Other revenue sources like Stamps and Registration Fees also experienced growth, while some others only grew marginally or declined. The state’s total revenue receipts, including components like Non-Tax Revenue, Share in Central taxes, and grants-in-aid from the Union government, amounted to ₹2,80,615.49 crore, below the revised estimate.
**News Article:**
**Tamil Nadu’s Tax Revenue Rises 7.6% in Fiscal Year 2024-25, Boosted by GST Growth**
**CHENNAI, May 18, 2025** – Tamil Nadu’s own tax revenue experienced a healthy 7.6% increase in the fiscal year 2024-25, reaching ₹1,80,225.53 crore, according to preliminary unaudited figures released by the Comptroller and Auditor General of India (CAG). This marks a significant rise from the ₹1,67,105.18 crore collected in fiscal 2023-24.
The State’s Own Tax Revenue (SOTR) contributes a dominant 75.3% to the state’s overall revenue stream. A key driver of this growth was the State Goods and Services Tax (SGST), which surged by 14.4% to ₹70,886.65 crore. Revenue from Stamps and Registration Fees also saw a notable increase of approximately 15%, climbing to ₹21,878.27 crore.
While other components such as Land Revenue and Taxes on Sales, Trade, etc., experienced marginal growth, revenue from other taxes and duties experienced a decline.
In addition to SOTR, Tamil Nadu’s revenue is supplemented by Non-Tax revenue, the Share in Central taxes, and grants-in-aid from the Union government. Share in Central taxes for the year was ₹52,491.88 crore. Grants-in-aid from the Union government was ₹16,509.38 crore.
The state’s total revenue receipts, combining all sources, reached ₹2,80,615.49 crore in 2024-25. However, this figure is slightly below the revised total revenue receipts estimates of ₹2,93,906.41 crore.
These figures, based on preliminary data, provide an early indication of Tamil Nadu’s fiscal performance in the past year. A more detailed analysis is expected following the final audit by the CAG.