Karandikars & Associates

Karandikars & Associates

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State Governments Receipts

We start with top level differentiation of the pattern of Receipts of State Governments, namely Revenue Receipts and Capital Receipts

Then, within Revenue Receipts, there are Tax Receipts and Non-Tax Receipts

Under Tax Receipts, there are two categories, Tax Receipts of States and Share in Central Taxes

Under the Tax Receipts of States, the two major categories of Receipts are Sales Tax and State Excise Duties

Under the Share in Central Taxes, the two major categories of Receipts are Income Tax and Union Excise Duties

Under the Non-Tax Receipts, two major categories are Interest Receipts and Grants from the Centre

Given this segregation, for the year 2024-25, Total Receipts of the State Governments were Rs 62.74 lakh cr, comprising Rs 46.74 lakh cr of Revenue Receipts and Rs 16 lakh cr of Capital Receipts

Within the Revenue Receipts of Rs 46.74 lakh cr, Tax Receipts were Rs 35.59 lakh crore and Non-Tax Receipts were Rs 11.15 cr

YearSales TaxState Excise DutiesShare in Central Income TaxShare in Central Union Excise DutiesOther Tax ReceiptsSub Toal Tax ReceiptsInterest ReceiptsGrants from CentreOther Non Tax ReceiptsSub Total Non Tax ReceiptsTotal Revenue ReceiptsTotal Capital ReceiptsTotal Receipts
2024-25475993.0319571.0410551.018467.02334195.03558777.033549.0720355.0361128.01115032.04673809.01600577.06274386.0
2023-24429061.0273574.0365806.017669.02046886.03132996.029274.0740822.0307318.01077414.04210410.01478378.05688788.0
2022-23402713.0234604.0310874.011717.01751350.02711258.024580.0661457.0257113.0943150.03654408.01111834.04766241.0
2021-22352858.0201949.0263085.035956.01501772.02355620.019613.0622628.0227304.0869545.03225165.01065199.04290364.0
2020-21284902.0172794.0184276.019969.01105164.01767105.022629.0643841.0153047.0819517.02586622.01147488.03734110.0
2019-20289610.0161833.0173639.028870.01220727.01874679.026446.0534567.0234445.0795458.02670138.01153115.03823252.0
2018-19288683.0149264.0195051.035874.01292867.01961739.031491.0439869.0187254.0658614.02620353.0698644.03318998.0
2017-18401562.0126689.0174207.071685.0961503.01735646.027966.0405958.0151672.0585596.02321241.0619924.02941166.0
2016-17587448.0103493.0135800.096259.0597773.01520773.024560.0356091.0144977.0525628.02046401.0675383.02721784.0
2015-16528241.0100906.0110933.067717.0545539.01353336.018216.0325896.0135437.0479549.01832885.0557960.02390845.0
2014-15494265.090389.084431.030921.0417107.01117113.024135.0330847.0119489.0474471.01591583.0416482.02008065.0
2013-14453938.081382.070651.036764.0387957.01030692.027215.0205952.0105328.0338495.01369187.0318860.01688047.0
2012-13403849.082625.062840.033000.0363767.0946081.024118.0188682.093143.0305943.01252024.0305314.01557338.0
2011-12345063.071782.051196.028726.0316220.0812987.018582.0186417.080545.0285544.01098531.0269385.01367917.0
2010-11278838.059169.044709.030546.0266936.0680198.015625.0163497.076027.0255149.0935347.0238228.01173575.0
2009-10220644.048375.037274.020301.0201481.0528075.015294.0150972.073796.0240062.0768136.0239497.01007633.0
2008-09198327.040990.032777.028641.0182248.0482983.016356.0129923.065396.0211675.0694657.0196634.0891292.0
2007-08173422.034127.031796.028751.0169852.0437948.012637.0108622.064540.0185799.0623748.0141987.0765735.0
2006-07153573.029316.022477.026182.0141293.0372841.011825.094451.051438.0157714.0530556.0143049.0673605.0
2005-06128769.025036.0152527.0306332.09380.076750.038560.0124690.0431021.0164607.0595628.0
2004-05111554.021096.0127927.0260577.08648.056322.037965.0102935.0363512.0200148.0563660.0
2003-0493172.018928.0109017.0221117.07748.050836.029490.088074.0309187.0205641.0514828.0
2002-0382155.018268.093051.0193474.08761.045170.026269.080200.0273674.0140866.0414539.0
2001-0273181.016504.085730.0175415.08415.042602.022990.074007.0249422.0115714.0365136.0
2000-0169976.015479.078859.0164314.010961.037289.019945.068195.0232509.0109705.0342214.0
1999-0059955.014466.018219.025902.024730.0143272.08993.030177.020485.059655.0202927.0101925.0304852.0
1998-9951003.012861.015333.024086.022045.0125328.07339.023480.016641.047460.0172787.085363.0258151.0
1997-9846813.010756.018171.022240.020719.0118699.07777.023853.016491.048121.0166820.058907.0225727.0
1996-9742112.08358.013489.021549.018096.0103604.08166.022949.015321.046436.0150041.042011.0192051.0
1995-9636704.08180.011204.017843.016871.090802.05786.020874.017045.043705.0134507.042805.0177312.0
1994-9531883.07439.08565.016320.014625.078832.05345.019911.016216.041472.0120303.043190.0163493.0
1993-9427227.07009.07828.014567.011638.068269.04721.021176.010831.036728.0104997.028489.0133486.0
1992-9323349.06265.06182.014398.010254.060448.03938.017759.08946.030643.091090.030073.0121163.0
1991-9221064.05439.04985.011863.09253.052604.05320.015226.07386.027932.080536.027238.0107773.0
1990-9117667.04795.03989.010253.07882.044586.02403.012643.06835.021881.066467.024693.091160.0
1989-9015060.03864.03938.09159.07072.039093.02634.08505.06303.017442.056535.020086.076621.0
1988-8913122.03081.02776.07960.06198.033137.02387.09660.05237.017284.050421.017037.067458.0
1987-8811185.02867.02520.07133.05277.028982.01947.08275.04797.015019.044000.015806.059806.0
1986-879640.02421.02169.06205.04661.025096.01688.06985.04458.013131.038226.012892.051118.0

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Sixteenth Finance Commission submits its Report to the President of India (17th November 2025)