The Jharkhand government has recorded its highest-ever tax collection since the state’s formation. A total of ₹22,172.56 crore was collected from various tax sources, marking an increase of ₹1,097.21 crore compared to the previous fiscal year (₹21,075.35 crore in FY 2023-24).

Major Revenue Contributors

💰 GST Leads the Way

GST & CGST combined: ₹14,156.73 crore

GST Collection: ₹8,905.44 crore

CGST Collection: ₹5,251.29 crore

GST Compensation from the Centre: ₹35.74 crore

💰 Non-GST Tax Revenue: ₹7,980.09 crore

VAT Collection: ₹6,518.43 crore

JPT (Jharkhand Professional Tax): ₹100.42 crore

JED (Jharkhand Electricity Duty): ₹1,361.24 crore

Target Still Not Achieved

Despite record collections, the state government fell short of its ₹26,000 crore revenue target for FY 2024-25, achieving only 85.28% of the goal. However, online revenue collection will continue until March 31, which may slightly improve the total figures.