Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expenditures

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..... Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expenditures - News and Press Release Dated:- 10-1-2025 - News - Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-relate .....

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..... d expenditures - - - Dated:- 10-1-2025 - The Union Government has released tax devolution of ₹1,73,030 crore to State Governments today, as against the devolution of ₹89,086 crore in December 2024. A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures. State-wise breakup of amount rele .....

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..... ased is given below in the table: Sl. No Name of State Total (₹ Crore) 1 ANDHRA PRADESH 7002.52 2 ARUNACHAL PRADESH 3040.14 3 ASSAM 5412.38 4 BIHAR 17403.36 5 CHHATTISGARH 5895.13 6 GOA 667.91 7 GUJARAT 6017.99 8 HARYANA 1891.22 9 HIMACHAL PRADESH 1436.16 10 JHARKHAND 5722.10 11 KARNATAKA 6310.40 12 KERALA 3330.83 13 MADHYA PRADESH 13582.86 14 MAHARASHTRA 10930.31 15 MANIPUR 1238.90 16 MEGHA .....

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..... LAYA 1327.13 17 MIZORAM 865.15 18 NAGALAND 984.54 19 ODISHA 7834.80 20 PUNJAB 3126.65 21 RAJASTHAN 10426.78 22 SIKKIM 671.35 23 TAMIL NADU 7057.89 24 TELANGANA 3637.09 25 TRIPURA 1225.04 26 UTTAR PRADESH 31039.84 27 UTTARAKHAND 1934.47 28 WEST BENGAL 13017.06 State-wise distribution of Net Proceeds of Union Taxes and Duties for January, 2025 - - News - Press release - PIB Tax Management India - .....

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..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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