The primary source of state revenue in Chhattisgarh is sales taxes. Sales tax is a consumption tax levied on the sale of goods and services. It is a major source of revenue for both the central and state governments in India. In Chhattisgarh, sales tax accounts for about 50% of the state’s total revenue.
Income tax is another major source of revenue for the state government. However, income tax is collected by the central government and then shared with the states. The share of income tax that Chhattisgarh receives is relatively small.
Property tax is a tax levied on the value of real estate. It is a minor source of revenue for the state government.
Excise duties are taxes levied on goods that are produced or manufactured within the country. They are also a minor source of revenue for the state government.
In conclusion, the primary source of state revenue in Chhattisgarh is sales taxes. Sales tax is a consumption tax levied on the sale of goods and services. It is a major source of revenue for both the central and state governments in India. In Chhattisgarh, sales tax accounts for about 50% of the state’s total revenue.