Union Government Releases 14th Instalment Of Tax Devolution To State Governments

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The Union Government has released 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore today, as against normal monthly devolution of ₹70,159 crore.

This is in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure.

State-wise breakup of amounts released is given below in the table:

(With inputs from PIB)

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