Moneycontrol.com·1 min read·medium

Centre releases Rs 1,09,019 crore tax devolution to states as advance instalment

Centre releases Rs 1,09,019 crore tax devolution to states as advance instalment
AI Summary

The Indian Union government has released an additional Rs 1,09,019 crore in tax devolution to state governments. This advance instalment is separate from the regular monthly transfer scheduled for later in the month.

The Union government released Rs 1,09,019 crore to state governments on August 1 as an additional instalment of tax devolution, over and above the regular monthly transfer scheduled for August 10, the Finance Ministry said. The extra instalment is me... [1139 chars]

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Centre releases Rs 1,09,019 crore tax devolution to states as advance instalment — Headlinne — headlinne