The state government of Telangana is looking to increase its revenue in the new financial year by relying on liquor sales and property registrations. This move is aimed at overcoming the ongoing financial crisis. The government has set a target of Rs 1.45 lakh crore in State-Owned Tax Revenues (SOTR), out of the total projected revenue of Rs 2.29 lakh crore for the financial year 2025-2026.
One of the key sources of revenue is liquor sales. The government expects to generate Rs 27,600 crore from liquor sales, which is higher than the revised estimate of Rs 25,617 crore in the current financial year. This increase in revenue is planned through higher liquor prices and an increase in the annual fees collected from licensed liquor shops.
Additionally, the auction of liquor shops is expected to bring in significant revenue in the 2025-2026 financial year. Property registrations are another major source of income, with the government aiming to collect Rs 19,000 crore, compared to Rs 14,690 crore in the current year.
Officials believe that the development of the Future City project and new master plans for municipal development will boost the real estate sector. This, in turn, will lead to more property transactions and higher revenue from property registrations. The government has also projected Rs 31,600 crore in non-tax revenues and Rs 27,782 crore in grant-in-aid to support the overall revenue target.