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TAX DEVOLUTION TO STATES
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 ...01 Aug, 2026, 02.50 PM IST- 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...20 Jul, 2026, 04.37 PM IST
- Global Market: UK's Rachel Reeves defends fiscal record ahead of leadership change; investors eye policy continuityBritain's Finance Minister Rachel Reeves defended her economic record ahead of an expected Labour leadership transition, while investors as...14 Jul, 2026, 12.00 PM IST
- West Bengal FY27 Budget: SBI report hints shift to investment-led growth and economic transformationWest Bengal's FY27 budget signals a strong pivot towards investment-led growth, emphasizing industrialization and long-term economic transf...25 Jun, 2026, 03.19 PM IST
- 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...25 Jun, 2026, 12.03 PM IST
- 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...25 Jun, 2026, 09.45 AM IST
- What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...19 Jun, 2026, 11.16 AM IST
- 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...14 Jun, 2026, 07.38 PM IST
- Question is affordability, whether other expenditure can benefit people more than freebies: CEA Nageswaran pitches for focused welfare interventionsNageswaran said the issue should be looked at sensibly rather than on an emotional plane and the question that needs to be asked is if it i...14 Jun, 2026, 06.24 PM IST
- 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....01 Oct, 2025, 10.43 PM IST
- 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...30 May, 2025, 08.40 PM IST
- 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...22 Dec, 2023, 02.43 PM IST
- Centre authorises release of tax devolution of Rs 72,961 crore to statesThe Centre authorised release of tax devolution of Rs 72,961.21 crore to states for November. Currently, 41 per cent of taxes collected by ...07 Nov, 2023, 07.01 PM IST
- 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...12 Jun, 2023, 06.52 PM IST
- Centre releases Rs 95,082 crore to states as January Tax devolutionThis is second advance instalment of Tax devolution, above the states entitlement of Rs 47, 541 crore for January, 202220 Jan, 2022, 02.44 PM IST
- Centre releases Rs 95,082 crore to states as November tax devolutionAfter a meeting with all chief ministers and state finance ministers recently, Union Finance Minister Nirmala Sitharaman had said the Centr...23 Nov, 2021, 07.00 PM IST
- States revenue loss from tax cuts on fuel to be lower than tax devolution in FY 22The central government cut the road and infrastructure cess (RIC) component of the Central excise duty levied on petrol and diesel by Rs 5 ...11 Nov, 2021, 05.08 PM IST
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