Mains Paper II · 2 Andhra Pradesh Economy · 2.8 State budget and public finance

2.8.3 AP's revenue sources: own tax and non-tax revenue, central transfers and Finance Commission share

About 54% of AP's revenue receipts are its own taxes, led by GST and liquor excise. The rest come mostly from the Centre: tax devolution (AP's share rose to 4.217% under the 16th Finance Commission) and grants.

  • APPSC Group 2 · Mains Paper II
  • Advanced level
  • 8 min read
  • Full course

Key terms

  • own tax revenue
  • SGST
  • state excise
  • sales tax
  • stamps and registration
  • motor vehicles tax
  • non-tax revenue
  • mines and minerals
  • devolution
  • grants-in-aid
  • Finance Commission
  • 15th Finance Commission
  • 16th Finance Commission
  • 4.047%
  • 4.217%
  • revenue deficit grant
  • liquor policy 2024
  • free sand policy

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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