TN budget: Govt hopes to increase tax revenues

Chennai | Friday | 8th February, 2019

Summary:

"A sum of Rs 5,164.98 crore is allocated towards urban local bodies and Rs 6573.61 crore towards rural local bodies as the finance commission devolution. The government will accord sanction for this project.Municipal administration and water supply will be allocated a total of Rs 18,700 crore. "The revenue expenditure in 2019-20 is expected to grow at 6.1% and likely to be Rs 2.12 lakh crore. CHENNAI: The Tamil Nadu government on Friday presented a deficit budget . Administrative sanction has been accorded in eight zones at a total cost of Rs 1546.04 crore..