Centre releases Rs 1.73 lakh cr towards tax devolution to states

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Centre releases Rs 1.73 lakh cr towards tax devolution to states - News and Press Release Dated:- 10-1-2025 PTI - News - Centre releases Rs 1.73 lakh cr towards tax devolution to states - - - Dated:- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 10-1-2025 - New Delhi, Jan 10 (PTI) The Centre on Friday released tax devolution of Rs 1.73 lakh crore to the state governments to accelerate capital expenditure and finance welfare activities. "A hig .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... her amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures," the finance ministry said in a statement. The U .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nion government has released tax devolution of Rs 1,73,030 crore to state governments on Friday, as against the devolution of Rs 89,086 crore in December 2024, the ministry added. Currently, 41 per ce .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt of taxes collected by the Centre is devolved in instalments among states during a fiscal year. PTI JD JD SHW - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanageme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X