By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Telangana plans to increase revenues by ₹36,000 crore annually
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Telangana plans to increase revenues by ₹36,000 crore annually

India News

Telangana plans to increase revenues by ₹36,000 crore annually

India Times Now Desk
Last updated: May 7, 2026 5:48 pm
India Times Now Desk
Published: May 7, 2026
Share
SHARE


The government plans to increase the State’s revenues by more than ₹35,000 crore without raising taxes and burdening the common man, but by just plugging the leakages and implementing strict tax compliance measures.

The hope comes from Chief Minister A Revanth Reddy’s recent revelation on how the State increased its Goods and Services Tax (GST) collections by ₹2,500 crore within four months just by stricter implementation and participation of the employees.

During a meeting with the employee union leaders a few days ago, the Chief Minister revealed that a committee headed by economist Arvind Subramanian had suggested a few changes, which were reflected in improved tax collections. “Not a single rupee tax was increased and people burdened but the coffers were strengthened,” he said.

Mr Subramanian was appointed last December, and GST collections improved by ₹500 crore each in January, February and March, while they jumped by ₹ 1,000 crore in April. There was scope to further increase revenues by nearly ₹1,000 crore per month in GST collections alone. “If we stop small leakages and take a few corrective measures, the State can generate an additional ₹12,000 crore annually,” he observed.

Highlighting the performance of the mining sector, the Chief Minister said sand revenues had remained around ₹600 crore annually for nearly eight years, but had now crossed ₹1,100 crore this year due to tighter monitoring and reforms implemented by the government.

The excise department also registered strong growth in April, with liquor sales generating ₹2,993 crore for the State exchequer compared to ₹2,773 crore during the same month last year. Similarly, the Stamps and Registration Department recorded an increase of nearly ₹280 crore in April this year compared to April 2025.

The Chief Minister asserted that with similar efforts across departments, the State could generate an additional ₹3,000 crore per month, translating to nearly ₹ 36,000 crore annually. “With this additional income, all issues concerning employees can be resolved. I can allocate ₹2,000 crore from this additional revenue exclusively for employees’ welfare and pending demands,” he said.

Published – May 07, 2026 11:18 pm IST



Source link

Phase-I work on new bypass nears completion
In Karnataka, dairy farming families with biogas plants remain untouched by LPG crisis
G. Sudhakaran calls M.V. Govindan ‘the real class traitor’, says he should quit as CPI(M) Kerala secretary
Kerala local body polls: 72,005 candidates in the fray as per provisional data
Aircraft manufacturers must deliver on time to the IAF: Air Chief Marshal
TAGGED:Economist Arvind SubramanianGST collectionsStamps and RegistrationState’s revenuesstrict tax compliance
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Breast cancer cases in India have more than doubled in three decades, experts say

India Times Now Desk
India Times Now Desk
March 7, 2026
Trinamool Congress continues to blame SIR for unnatural deaths in West Bengal
Karnataka police chief issues guidelines to check misconduct among police personnel
Suspected Ebola case triggers health alert in Bengaluru
Man kicks and injures five-year-old boy playing on road
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?