Centre Releases ₹1.09 Lakh Crore Additional Tax Devolution to States

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Government

1 August 2026 at 11:33 pm

Centre Releases ₹1.09 Lakh Crore Additional Tax Devolution to States

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Summary

The Centre has released an additional instalment of tax devolution amounting to ₹1.09 lakh crore to States, which is part of the 41% of central taxes devolved in 14 instalments annually.

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