Modi govt releases Rs 1.4 lakh crore installment of tax devolution to states
The Ministry of Finance on Monday announced the release of an additional installment of tax devolution to states for June 2024. The objective of the move is to support state finances and spur economic development, it said.
By ET Online | Updated:
BCCL
The Ministry of Finance on Monday announced the release of an additional installment of tax devolution to states for June 2024.
The objective of the move is to support state finances and spur economic development, it said.
The total amount released to states for June, with the recent addition, stood at Rs 1,39,750 crore.
The objective of the move is to support state finances and spur economic development, it said.
The total amount released to states for June, with the recent addition, stood at Rs 1,39,750 crore.
How new tax changes will impact you. Calculate your tax now
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
Related Articles
Mann Ki Baat: PM Modi thanks citizens for supporting calls to curb gold purchases, adopt fuel-saving habits amid West Asia crisis2026-06-28T06:39:58Z- Modi govt cabinet reshuffle buzz gains momentum; revamp likely before Parliament Monsoon session2026-06-28T06:15:08Z
- Mann ki Baat: PM Modi highlights India's significant strides in defence, security and self-reliance2026-06-28T06:13:13Z
ADVERTISEMENT
