Centre advances November tax devolution, releases Rs 1.09 lakh crore to states ahead of festive season

The Centre on Thursday released a regular instalment of tax devolution to state governments amounting to over Rs 1.09 lakh crore in advance in view of the festive season.

The monthly instalment, normally released on November 10, has been advanced and released on 5th November 2026, in view of the festive season, the finance ministry said in a statement.

"In view of upcoming festive season and to enable states to accelerate capital spending and finance their development/ welfare related expenditure, Union Government releases regular tax devolution of Rs 1,09,019 crore to state governments in advance," the ministry said.


Uttar Pradesh gets the biggest share at ₹19,208 crore, about 17.6 per cent of the total. Bihar follows with ₹10,845 crore, then Madhya Pradesh with ₹8,010 crore, West Bengal with ₹7,866 crore and Maharashtra with ₹7,022 crore. These five states together account for ₹52,951 crore, nearly half of the amount released.

Rajasthan gets ₹6,460 crore, Odisha ₹4,819 crore and Andhra Pradesh ₹4,597 crore. Karnataka gets ₹4,504 crore, Tamil Nadu ₹4,466 crore and Gujarat ₹4,094 crore. Kerala gets ₹2,597 crore and Telangana ₹2,370 crore. Among the smaller states, Sikkim gets the least at ₹365 crore, followed by Goa at ₹398 crore and Nagaland at ₹524 crore.

This is the second big transfer to states in under a week. The Centre released an additional instalment of ₹1,09,019 crore on October 31, over and above the regular monthly devolution. It had also released an advance instalment of the same amount on August 1, ahead of the regular transfer due on August 10. Last year, the Finance Ministry released an additional ₹1,01,603 crore on October 1, 2025, ahead of the festive season.