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TAX DEVOLUTION
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...
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...
Govt hurrying women's quota law implementation for political mileage: Congress chief Kharge to PM ModiCongress chief Mallikarjun Kharge has written to Prime Minister Modi and said that the government has rushed with the women's reservation l...
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...
Govt releases tax devolution of Rs 1.73 lk cr to states to accelerate capital spendingThe Union Government released tax devolution of Rs 1,73,030 crore to state governments in January 2025, nearly doubling the amount from Dec...
South India not getting their share, will raise issue in Parliament, says Congress Chief Kharge on tax devolutionCongress leaders claim Karnataka received less tax devolution from the Centre compared to other states. They argue Karnataka pays higher ta...
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...
Injustice to Karnataka in tax devolution, loss of over Rs 45,000 crore in 4 years: SiddaramaiahChief Minister Siddaramaiah alleged injustice to Karnataka by the Central government with reduction in tax devolution, resulting in a loss ...
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...
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 ...
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 2 instalments of tax devolution to state govts amounting to Rs 1.16 lakh croreThe Ministry of Finance on Wednesday informed that the Centre has released two instalments of tax devolution to the state governments amoun...
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, 2022
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...
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 ...