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Business and Trade news

Andhra Pradesh sets Rs 1.27 lakh crore own revenue target​

  • BY India News Newsdesk
  • May 15, 2026
  • 0 COMMENTS

Amaravati, May 14 (IANS) The government of Andhra Pradesh has set a target of ₹1.27 lakh crore revenue during the current financial year.​

Chief Minister N. Chandrababu Naidu on Thursday directed all revenue-earning departments to intensify efforts to increase the state’s own revenues while aggressively pursuing pending central funds.​

Reviewing the performance of key revenue departments at the Secretariat in Amaravati, the Chief Minister said Andhra Pradesh must convert growing investments into higher tax revenues and sustainable economic growth.​

Officials informed the Chief Minister that the State Own Revenue rose from ₹1,04,345 crore in 2024-25 to ₹1,10,643 crore in 2025-26, registering 6 per cent growth.​

Major contributions included ₹33,679 crore from Goods and Services Tax, ₹10,300 crore from the Mines Department, and ₹11,047 crore from the Stamps and Registration Department.​

For 2026-27, the state has set an ambitious revenue target of ₹1,27,506 crore.​

According to an official release, the Chief Minister stressed that every revenue-earning department, including Commercial Taxes, Excise, Mines, Transport, and Registration, must operate at full capacity and prevent any revenue leakage.​

He noted that resolving land disputes, particularly issues related to Section 22A properties, could significantly increase registration revenues.​

“As investments increase, tax revenues must rise proportionately,” he said, adding that the state had already recorded nearly 38 per cent revenue growth in the first 42 days of the current financial year.​

Calling districts “growth centres”, the Chief Minister said economic expansion at the district level would help Andhra Pradesh achieve statewide revenue targets faster.​

He urged departments to adopt innovative systems, improve the Speed of Doing Business, and use technology to eliminate tax evasion and irregularities.​

Emphasising the role of Artificial Intelligence, the Chief Minister directed departments to implement Artificial Intelligence-driven Goods and Services Tax scrutiny systems, strengthen analytics, and use technology to identify leakages and improve compliance without harassing taxpayers.​

He also asked officials to create awareness among taxpayers about the benefits of tax payments and ensure transparency in collections.​

The Chief Minister further highlighted the need to add value to minerals and red sanders exports to improve revenues.​

He called for faster vehicle registrations within 24 hours, rationalisation of municipal taxes, and wider use of Geographic Information System mapping, drone surveys, and satellite imagery to detect unauthorised constructions and improve tax assessments.​

Senior officials from Finance, Transport, Excise, Mines, Commercial Taxes, Forest, Municipal Administration, and Registration departments, along with Chief Secretary Sai Prasad, attended the review meeting.​

–IANS

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