https://www.taxtmi.com/news?id=24105 The central government released the third monthly instalment of the Post Devolution Revenue Deficit Grant to 17 States under Article 275, following the 15th Finance Commission's recommendation that eligibility and grant quantum be determined by the assessed gap between State revenue and expenditure and by assessed devolution for 2021-22; the Commission recommended an annual grant to be released in twelve monthly instalments, with state-wise instalments and cumulative April-June releases reported. en-us Wed, 09 Jun 2021 14:34:15 +0530 Wed, 09 Jun 2021 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24105 The central government released the third monthly instalment of the Post Devolution Revenue Deficit Grant to 17 States under Article 275, following the 15th Finance Commission's recommendation that eligibility and grant quantum be determined by the assessed gap between State revenue and expenditure and by assessed devolution for 2021-22; the Commission recommended an annual grant to be released in twelve monthly instalments, with state-wise instalments and cumulative April-June releases reported. News - Wed, 09 Jun 2021 14:34:15 +0530 https://www.taxtmi.com/news?id=24105