https://www.taxtmi.com/news?id=25663 The Department of Expenditure released the fifth monthly instalment of the Post Devolution Revenue Deficit Grant for 2022-23, advancing cumulative disbursements for the year. These grants, recommended by the Fifteenth Finance Commission to address assessed gaps between State revenue and expenditure after devolution, are paid in twelve equal monthly instalments to eligible States. Eligibility and grant quantum were determined by the Commission based on post-devolution revenue-expenditure assessments, and the announcement lists State-wise recommended totals alongside the fifth-instalment and year-to-date releases. en-us Wed, 03 Aug 2022 16:26:36 +0530 Wed, 03 Aug 2022 16:26:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25663 The Department of Expenditure released the fifth monthly instalment of the Post Devolution Revenue Deficit Grant for 2022-23, advancing cumulative disbursements for the year. These grants, recommended by the Fifteenth Finance Commission to address assessed gaps between State revenue and expenditure after devolution, are paid in twelve equal monthly instalments to eligible States. Eligibility and grant quantum were determined by the Commission based on post-devolution revenue-expenditure assessments, and the announcement lists State-wise recommended totals alongside the fifth-instalment and year-to-date releases. News - Wed, 03 Aug 2022 16:26:36 +0530 https://www.taxtmi.com/news?id=25663