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ADDITIONAL TAX DEVOLUTION
Centre releases Rs 1.09 lakh crore to states, advances August tax devolutionThe August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up...- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spendingThe Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled ...
- What is Andy Burnham's policy approach for Britain?Andy Burnham has taken on the role of Prime Minister of Britain, emphasizing a major shift in power dynamics through decentralization. Amon...
- SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
- Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...
- FM Nirmala Sitharaman calls Karnataka's stand on Jan Aushadhi Kendras as Congress pettiness, rejects tax devolution chargeThe Jan Aushadhi scheme had made medicines up to 60% cheaper and helped families save nearly Rs 40,000 crore across the country, Sitharaman...
- Maharashtra gets Rs 6,418 crore advance instalment of tax devolution from CentreMaharashtra received an advance tax devolution of Rs 6,418 crore from the Central government, Deputy Chief Minister Ajit Pawar announced. T...
- Centre releases additional instalment of tax devolution of Rs 1.01 lakh cr to state govtsThe Centre released an additional Rs 1,01,603 crore in tax devolution to state governments on October 1, 2025, ahead of the festive season....
- Additional Rs 81,735 crore tax devolution ok'd for statesThe central government has approved an additional tax devolution of ₹81,735 crore to state governments. This will be released on June 2. Th...
- Centre okays additional instalment of Rs 81,735 crore as tax devolution to the state govtsThe Centre has approved an additional tax devolution of Rs 81,735 crore to State Governments, scheduled for release on June 2, 2025. This m...
- Tripura receives additional tax devolution of Rs 1006 croreThe announcement has been met with appreciation from Tripura Chief Minister Manik Saha, who acknowledges the funding's potential to boost i...
- Bengal gets Rs 5,488cr from Centre as additional instalment of tax devolutionWest Bengal has received Rs 5,488.88 crore as an additional instalment of tax devolution out of Rs 72,961.21 crore by Centre. Largest share...
- Centre transfers additional Rs 72,961 crore to states above budgeted tax devolutionThe Indian government released an additional installment of Rs 72,961.21 crore as tax devolution to states, beyond the regular 14 installme...
- Centre releases Rs 72,960 crore to states as tax devolutionThe Indian government released an additional Rs 72,960 crore to states as tax devolution for financing social welfare and infrastructure de...
- Faster tax devolution may not affect states' borrowings, but will boost capex: ExpertsAccording to economists, Faster tax devolution is likely to encourage states to continue on the path of capital spending.
- Centre releases third installment of tax devolution to statesThe government has released one advance instalment, in addition to the regular instalment due in June 2023, to aid states push up capital s...
- States to forego Rs 44,000 crore from VAT reduction on fuels: ReportAfter months of calls for lowering the taxes on the fuels, the Centre on November 4 cut excise duty on diesel by Rs 10 a litre and by Rs 5 ...
- Centre transfers additional Rs 45,000 crore to states as FY21 tax devolution“The healthy GST collections in the month of March 2021, along with the additional devolution of Rs. 45,000 crore to the state governments ...
- States may have to cut FY21 capital spending by Rs 3.4 lakh crore: ICRAThe additional borrowing options would push state fiscal deficits to 4.25-5.52% of gross state domestic product (GSDP).
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