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        News and Press Release

        Centre releases ₹72,961.21 crore as additional installment of Tax Devolution to States

        December 22, 2023

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        Installment released today is in addition to tax devolution due to States on 10 January 2024 and the installment of ₹72,961.21 crore already released on 11 December 2023

        In view of the forthcoming festivities and the New Year, the Union Government has authorised the release of an additional installment of tax devolution amounting to ₹72,961.21 crore to strengthen the hands of State Governments for financing various social welfare measures and infrastructure development schemes.

        This installment is in addition to the tax devolution installment due to States on 10 January 2024 and the installment of ₹72,961.21 crore already released on 11 December 2023.

        The State-wise break up of amounts released is given below:

        Sl.No.

        State

        Amount (₹ in crore)

        1

        Andhra Pradesh

        2952.74

        2

        Arunachal Pradesh

        1281.93

        3

        Assam

        2282.24

        4

        Bihar

        7338.44

        5

        Chhattisgarh

        2485.79

        6

        Goa

        281.63

        7

        Gujarat

        2537.59

        8

        Haryana

        797.47

        9

        Himachal Pradesh

        605.57

        10

        Jharkhand

        2412.83

        11

        Karnataka

        2660.88

        12

        Kerala

        1404.50

        13

        Madhya Pradesh

        5727.44

        14

        Maharashtra

        4608.96

        15

        Manipur

        522.41

        16

        Meghalaya

        559.61

        17

        Mizoram

        364.80

        18

        Nagaland

        415.15

        19

        Odisha

        3303.69

        20

        Punjab

        1318.40

        21

        Rajasthan

        4396.64

        22

        Sikkim

        283.10

        23

        Tamil Nadu

        2976.10

        24

        Telangana

        1533.64

        25

        Tripura

        516.56

        26

        Uttar Pradesh

        13088.51

        27

        Uttarakhand

        815.71

        28

        West Bengal

        5488.88

         

        TOTAL 

        72961.21

         

        Tax devolution additional instalment authorised to bolster state financing for social welfare and infrastructure support. An additional tax devolution instalment has been authorised by the Union Government to bolster State finances for social welfare and infrastructure, stated to be in addition to the instalment due on 10 January 2024 and the instalment released on 11 December 2023, with an aggregate amount provided and a state-wise breakup of allocations.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Tax devolution additional instalment authorised to bolster state financing for social welfare and infrastructure support.

                                An additional tax devolution instalment has been authorised by the Union Government to bolster State finances for social welfare and infrastructure, stated to be in addition to the instalment due on 10 January 2024 and the instalment released on 11 December 2023, with an aggregate amount provided and a state-wise breakup of allocations.


                                Note: It is a system-generated summary and is for quick reference only.
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