The Union Government has released 3^rd instalment of tax devolution to State Governments amounting to ₹1,18,280  crore on 12^th June, 2023, as against normal monthly devolution of ₹59,140 crore.

One advance instalment in addition to the regular instalment due in June 2023 is being released to States to enable them to speed up capital spending, finance their development/ welfare related expenditure and also to make available resources for priority projects/ schemes.

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

State-wise distribution of Net Proceeds of Union Taxes and Duties for June 2023

Sl. No	Name of State	Total (₹ Crore)
1	ANDHRA PRADESH	4787
2	ARUNACHAL PRADESH	2078
3	ASSAM	3700
4	BIHAR	11897
5	CHHATTISGARH	4030
6	GOA	457
7	GUJARAT	4114
8	HARYANA	1293
9	HIMACHAL PRADESH	982
10	JHARKHAND	3912
11	KARNATAKA	4314
12	KERALA	2277
13	MADHYA PRADESH	9285
14	MAHARASHTRA	7472
15	MANIPUR	847
16	MEGHALAYA	907
17	MIZORAM	591
18	NAGALAND	673
19	ODISHA	5356
20	PUNJAB	2137
21	RAJASTHAN	7128
22	SIKKIM	459
23	TAMIL NADU	4825
24	TELANGANA	2486
25	TRIPURA	837
26	UTTAR PRADESH	21218
27	UTTARAKHAND	1322
28	WEST BENGAL	8898
	Grand Total	118280

 

Tax devolution advance instalment released to states to boost capital spending and finance development projects. The Central Government released the third instalment of tax devolution on 12 June 2023, disbursing Rs.1,18,280 crore-one advance instalment in addition to the regular June instalment-to accelerate state capital expenditure, support development and welfare spending, and provide resources for priority projects; a state-wise distribution of net proceeds is provided with a grand total of Rs.1,18,280 crore.