Question

In which year, the percentage of Own Tax Revenue to Total Tax Revenue of this state is least during the period 2014-15 to 2017-18?
1. 2014-15
2. 2015-16
3. 2016-17
4. 2017-18

Answer 1

Correct Answer - Option 2 : 2015-16

The correct answer is 2015-16.

• State Own Tax Revenue is the revenue earned from the taxes by the state in a given period.
• It includes Sales Tax, SGST, Land Revenue, State Excise Duty, etc.
• Chhattisgarh has recorded a fall in its State Own Tax Revenue (SOTR) share from 2014 to 2019.
• In the year 2015-16, the percentage of Own Tax Revenue to Total Tax Revenue of Chhattisgarh is the least.
• The Total Own Tax of Chhattisgarh was estimated to be Rs.20086 crore but actually, it was recorded 17075 crores.
• The Total Tax Revenue of the state was Rs 46068 crore in the year 2015-16.
• The SOTR share in 2015-16 is 52.07%.

• The SOTR share in 2014-15 is 65.26%.
• The SOTR share in 2016-17 is 50.18%.
• The SOTR share in 2017-18 is 48.94%.
• The SOTR share in 2018-19 is 52.26%.

• In 2020-21, the Total Own Tax Revenue of Chhattisgarh is estimated to be Rs.26,155 crore.
• It is 3.8% higher than the revised estimate of 2019-20.
• The state own's tax to GSDP ratio is targeted at 7.2% in 2020-21.
• It is 7.7% lower than the revised estimate of 2019-20.