https://www.taxtmi.com/news?id=23827 Release of Post Devolution Revenue Deficit Grants totaling Rs. 74,340 crore to 14 States under Article 275, with the Department of Expenditure releasing the 12th and final monthly instalment of Rs. 6,194.09 crore. Grants are disbursed in monthly instalments per the finance commission's recommendations to meet assessed gaps in States' revenue accounts after accounting for devolution; eligibility and quantum were determined by the commission's assessment and 100% of the recommended amount for 2020-21 has been released. en-us Wed, 10 Mar 2021 14:12:37 +0530 Wed, 10 Mar 2021 14:12:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23827 Release of Post Devolution Revenue Deficit Grants totaling Rs. 74,340 crore to 14 States under Article 275, with the Department of Expenditure releasing the 12th and final monthly instalment of Rs. 6,194.09 crore. Grants are disbursed in monthly instalments per the finance commission's recommendations to meet assessed gaps in States' revenue accounts after accounting for devolution; eligibility and quantum were determined by the commission's assessment and 100% of the recommended amount for 2020-21 has been released. News - Wed, 10 Mar 2021 14:12:37 +0530 https://www.taxtmi.com/news?id=23827