Thursday, March 13, 2025
HomeEconomyGovt releases tax devolution of Rs 1.73 lk cr to states to...

Govt releases tax devolution of Rs 1.73 lk cr to states to accelerate capital spending

-

[ad_1]

The Union Government on Friday released tax devolution of Rs 1,73,030 crore to state governments, as against the devolution of Rs 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,” the government said in the official press release.

State-wise breakup of amount released is given below in the table:

(State- Allocation in ₹ 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. MEGHALAYA- 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

[ad_2]

Source link

LATEST POSTS

Safed Daag Ka Dawa: Naye Research Aur Medical Ilaj

Safed Daag Kya Hai? Safed daag, ya vitiligo, ek skin disorder hai jisme twacha par safed dhabbe ban jate hain. Yeh dhabbe tab bante hain jab...

Integrating ChatGPT API with Existing Tools for a Smarter Workflow

In today’s fast-paced digital world, businesses are constantly seeking ways to enhance their operational efficiency and improve user experiences. The integration of Artificial Intelligence (AI)...

The Benefits of Setting Up a Virtual Office in Estonia for Global Expansion

In today’s interconnected world, businesses are increasingly looking for ways to expand globally while minimizing overhead costs. Estonia, known for its forward-thinking digital infrastructure and...

Kotak Bank shares in focus as RBI lifts restrictions on opening new bank accounts, credit card issuance

The shares of private lender Kotak Mahindra Bank will remain in focus on Thursday, February 13, after the Reserve Bank of India (RBI) lifted...

Most Popular

spot_img