Telangana ranks number one in tax revenue

Despite hurdles and denial of its due share by the Central government, the Telangana government achieved a growth rate of 1.5 percent annually.
In six years, the state witnessed a growth rate of 11.5 percent while Gujarat is only 2.6 percent.
Though the Central government denied its due share in taxes and other funds, Telangana achieved self-reliance and achieved a consistent growth in tax revenue of 11.5 percent in the last six years. Compared to other states in the country, this was the highest achieved within the shortest time. The Gujarat stands second from last in the list that is represented by Prime Minister Modi.
Telangana tax revenue which was Rs 29.288 crore in 2014-2015 steadily witnessed a growth and in 2021-22, it is 92.910 crore.
In the last six years, the tax revenue of Andhra Pradesh is 8.4 percent while Telangana state revenue is 11.5 percent – an increase of three times in the last eight years.

By Gollapudi Srinivasa Rao

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