The central government has approved an additional tax devolution of ₹81,735 crore to state governments. This will be released on June 2. Th...

The Centre has approved an additional tax devolution of Rs 81,735 crore to State Governments, scheduled for release on June 2, 2025. This m...

The Union Government announced on Thursday the release of Rs 1,78,173 crore as tax devolution to State Governments, which is double the usu...

As of July 2024, the Union Government has received a total of ₹10,23,406 crore, accounting for 31.9% of the Budget Estimates (BE) for 2024-...

The Ministry of Finance on Monday announced the release of an additional installment of tax devolution to states for June 2024. The objecti...

The announcement has been met with appreciation from Tripura Chief Minister Manik Saha, who acknowledges the funding's potential to boost i...

West 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...

The Indian government released an additional installment of Rs 72,961.21 crore as tax devolution to states, beyond the regular 14 installme...

The Indian government released an additional Rs 72,960 crore to states as tax devolution for financing social welfare and infrastructure de...

According to economists, Faster tax devolution is likely to encourage states to continue on the path of capital spending.

The government has released one advance instalment, in addition to the regular instalment due in June 2023, to aid states push up capital s...

This is second advance instalment of Tax devolution, above the states entitlement of Rs 47, 541 crore for January, 2022

After 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 ...

“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 have also opposed the creation of a non-lapsable defence fund from the gross tax collections by the Centre, saying it would shrink t...

The additional borrowing options would push state fiscal deficits to 4.25-5.52% of gross state domestic product (GSDP).

“We are moving away from rigid centralised planning, forcing a 'one-sizefits-all' approach on states,” Prime Minister Narendra Modi said in...