Govt releases ₹1.16 lakh cr as tax devolution to states
Tax devolution is part of Centre's plan to strengthen the financial capabilities of States to accelerate their capital and development expenditure
Source: livemint.com
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Centre releases tax devolution to state governments; Rs 83,534 crore for Manipur
"This devolution of taxes will enable Manipur to accelerate its capital and developmental expenditure," Manipur Chief Minister N Biren Singh said.
Source: ifp.co.in
Business News | Centre Releases Rs 1.16 Lakh Crore as Tax Devolution to States
The central government on Wednesday released two instalments of tax devolution to states amounting to Rs 1,16,665.75 crore as against the normal monthly devolution of Rs.58,332.86 crore, the Ministry of Finance said. Uttar Pradesh has got the highest amount of Rs 20,928.62 crore followed by Bihar at Rs 11,734.22 crore. Narendra Modi Govt Releases Rs 1.16 Lakh Crore As Tax Devolution to States.
Source: latestly.com
Government's Tax Devolution May Exceed Budget Estimate In Current Fiscal: Report
The central tax devolution is likely to rise to Rs 9.3 lakh crore in 2022-23 from Rs 8.8 lakh crore in 2021-22
Source: ndtv.com
Finance Ministry will release Rs 47,541 crore advance installment of tax devolution to states
The Finance Ministry, on Thursday (January 20), announced that the Centre will release an advance installment of tax devolution to the states amounting to Rs 47,541 crore.
Source: india.com