Cash-strapped Maharashtra government has Rs 1.5 lakh crore of unrealised taxes

Maharashtrafaces a staggering debt of Rs 7 lakh crore in 2023-24. However, it has a massive chunk of revenue which remains unrecovered and could potentially reduce debt. The state has Rs 1.5 lakh crore of unrealised tax revenue, according to the latest budget documents.
The amount of unrealised tax revenue is 73% higher than it was in 2019-20. The dues that year were Rs 89,661 crore.
The Rs 1.5 lakh crore

worth ofunrealised taxeswere outstanding as of March 2020-21. Of this sum, as much as Rs 87,241 crore is under dispute. The amount which is not under dispute totals Rs 67,831 crore.