Tax revenue rise 29.97% in Telangana Hyderabad, Dec 11 (INN): The Telangana state which has been consistently achieving an average revenue growth rate of 17.17% during the last four financial years, has achieved a record growth rate in state's own tax revenue collections to a tune of 29.97% up to November 2018.
The collections up to November 2018 during 2018-19 financial year amounted to Rs. 44,183.55 Crores whereas during the same period in 2017-18 financial year it was Rs. 33,995.92 crores.
This is a phenomenal growth in tax revenue collections in any state according to a senior official.
News Posted: 11 December, 2018
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