Hyderabad, April 18 -- Bharat Rashtra Samithi (BRS) MLA T Harish Rao on Thursday, April 17 expressed concerns over Telangana's shrinking tax revenue.

The former Telangana finance minister highlighted Rs 91.81-crore fall in the state own tax revenue (SOTR) in revenue in financial year 2024-25. He attributed the decline to the Telangana government's alleged mismanagement.

He said the SOTR had fallen from Rs 1,24,146.19 crore in FY 2023-24 to Rs 1,24,054.38 crore in FY 2024-25 (up to February). In a statement, Harish Rao said that such a drop in revenue was only comparable to the drop experienced during the COVID-19 pandemic.

The fall was in contrast with the steady 12 per cent compound annual growth rate (CAGR) achieved during the BRS re...