Two instalments of tax devolution to State Governments amounting to Rs. 1,16,665 crore Released 

This  in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure

The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665 crore today , as against normal monthly devolution of Rs..58,333  crore.

This is in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure.

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

State-wise distribution of Net Proceeds of Union Taxes and Duties for November 2022

Sl. No	Name of State	Total (Rs. Crore)
1	ANDHRA PRADESH	4721
2	ARUNACHAL PRADESH	2050
3	ASSAM	3649
4	BIHAR	11734
5	CHHATTISGARH	3975
6	GOA	450
7	GUJARAT	4058
8	HARYANA	1275
9	HIMACHAL PRADESH	968
10	JHARKHAND	3858
11	KARNATAKA	4255
12	KERALA	2246
13	MADHYA PRADESH	9158
14	MAHARASHTRA	7370
15	MANIPUR	835
16	MEGHALAYA	895
17	MIZORAM	583
18	NAGALAND	664
19	ODISHA	5283
20	PUNJAB	2108
21	RAJASTHAN	7030
22	SIKKIM	453
23	TAMIL NADU	4759
24	TELANGANA	2452
25	TRIPURA	826
26	UTTAR PRADESH	20929
27	UTTARAKHAND	1304
28	WEST BENGAL	8777
	Grand Total	116665

 

Tax devolution strengthens state capacity as Union releases instalments to accelerate capital and developmental expenditure. Release of two instalments of tax devolution totaling Rs. 1,16,665 crore to State Governments to strengthen state liquidity and financing capacity for capital and developmental expenditure; allocation drawn from net proceeds of Union taxes and duties and distributed among states per the established revenue-sharing mechanism, with a state-wise breakdown provided to support budgetary planning.