https://www.taxtmi.com/news?id=24010 The Central Government released the second monthly installment of the Post Devolution Revenue Deficit Grant-9,871 crore to 17 States-pursuant to the Fifteenth Finance Commission's recommendations under Article 275. This brings the two month total to 19,742 crore of a Commission recommended 1,18,452 crore for 2021 22, to be paid in 12 monthly installments. Eligibility and quantum were determined by the Finance Commission based on assessed gaps between State revenue and expenditure and assessed devolution. en-us Thu, 06 May 2021 16:34:11 +0530 Thu, 06 May 2021 16:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24010 The Central Government released the second monthly installment of the Post Devolution Revenue Deficit Grant-9,871 crore to 17 States-pursuant to the Fifteenth Finance Commission's recommendations under Article 275. This brings the two month total to 19,742 crore of a Commission recommended 1,18,452 crore for 2021 22, to be paid in 12 monthly installments. Eligibility and quantum were determined by the Finance Commission based on assessed gaps between State revenue and expenditure and assessed devolution. News - Thu, 06 May 2021 16:34:11 +0530 https://www.taxtmi.com/news?id=24010