BUSINESSAug 1 · 16:37 UTCTHE HINDU NATIONAL

Centre releases additional instalment of tax devolution of ₹1.09 lakh crore to States

The Centre has released an additional installment of ₹1.09 lakh crore in tax devolution to States. Currently, 41% of the taxes collected by the Centre are distributed among States in 14 installments annually.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Centreorganizationstatesorganizationtax devolutiontopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSAug 1 · 11:35 UTC
Centre releases ₹2,597 crore to Kerala as ‘additional instalment’ of tax devolution to boost capital spending
BUSINESSJul 20 · 11:36 UTC
Andhra and Telangana direct tax collections grow 19.47% in first quarter of 2026-27
BUSINESSJul 14 · 10:27 UTC
Direct tax mop-up grows 16% to over ₹6.51 lakh crore so far in FY27
POLITICSJul 5 · 16:15 UTC
First instalment of ₹25,863 crore under VB-GRAM G released