TVK regime looks to maximise revenue without increasing taxes
The Tamilaga Vettri Kazhagam (TVK) government is exploring ways to increase revenue without raising taxes. They are focusing on resource mobilization and addressing fiscal deficits while promising welfare measures. Key areas for improvement include mining regulation, liquor sales, and streamlining processes for planning permissions.
- ▪The revenue deficit for 2025-26 is approximately ₹ 66,383 crore, which is about 22.8% of total revenue receipts.
- ▪The fiscal deficit stands at ₹ 1,20,574 crore, accounting for 3.42% of Gross State Domestic Product, exceeding the ideal figure of 3%.
- ▪The government plans to address underbilling in mining and improve the implementation of liquor sales to enhance revenue.
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The Tamilaga Vettri Kazhagam (TVK)-led regime is looking at mobilising resources without increasing taxes and user/consumption charges. It is in the process of identifying areas for resource mobilisation.While the ruling party, in its manifesto, has promised several welfare measures and freebies to people, it is also conscious of the fiscal position in which the government finds itself in. As per the unaudited provisional figures available with the office of Comptroller and Auditor General (C&AG), revenue deficit (revenue expenditure exceeding revenue receipts) for 2025-26 stood at about ₹ 66,383 crore, representing around 22.8% of the total revenue receipts for the year.
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