The Hindu·1 min read·medium
Centre releases additional instalment of tax devolution of ₹1.09 lakh crore to States
P
PTI
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The Indian Finance Ministry has released an additional ₹1.09 lakh crore in tax devolution to state governments. This payment is separate from the standard monthly devolution scheduled for August 10, 2026.
The Finance Ministry on Saturday (August 1, 2026) said the Centre has released an additional instalment of tax devolution to state governments amounting to ₹1.09 lakh crore, which is in addition to the normal monthly amount.
economypolitics
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