UNION GOVT. RELEASES 14TH INSTALMENT OF TAX DEVOLUTION TO STATE GOVT. AMOUNTING TO RS.1,40,318 CRORE

Union Govt. releases 14th instalment of Tax Devolution to State Govt. amounting to Rs.1,40,318 crore

The Union Government have launched the 14th instalment of tax devolution to State Governments amounting to Rs.1,40,318 crore immediately, as in opposition to regular monthly devolution of Rs.70,159 crore.

That is in step with the Authorities of India‘s aim to strengthen the fingers of states to be able to speed up capital and improvement funding.

The state-wise breakup of amounts launched is given under in the table: