Tamil Nadu’s finances for the first five months of the 2026-27 fiscal year show revenue crossing the Rs 1 lakh crore mark, while expenditure remained higher. Between April and August, the state recorded total receipts of Rs 1,17,791 crore and spending of Rs 1,38,140 crore, leading to a revenue deficit of Rs 20,349 crore.
The state’s revenue during the period came from tax and non-tax sources, along with grants. Key tax streams included State GST, stamp duty and registration fees, state excise, and the state’s share in central taxes, while non-tax income was generated through service charges and penalties.
On the expenditure side, major outgo included salaries, pensions, free schemes and subsidies. Interest payments on loans accounted for Rs 25,991 crore, while pension expenditure stood at Rs 21,008 crore during the five-month period.
The government borrowed Rs 30,021 crore over these five months, and it was reported that no borrowing was undertaken in the previous month.
Among major revenue heads (in Rs crore), State GST contributed 34,144.06; taxes on trade 28,164.79; the state’s share of central taxes 24,188; stamp duty and registration fees 10,493.30; other taxes and duties 6,843; state excise 5,214; non-tax revenue 5,149; and central grants 3,537. Land sale receipts were reported at 57.16.
