https://www.taxtmi.com/news?id=25920 The Department of Expenditure released the eighth monthly instalment of the Post Devolution Revenue Deficit Grant to 14 States, increasing total 2022-23 releases to Rs. 57,467.33 crore against a recommended annual grant of Rs. 86,201 crore. These grants, provided under Article 275 of the Constitution, are disbursed in twelve equated monthly instalments per Finance Commission recommendations to cover the assessed post devolution revenue expenditure gap for the period 2020-21 to 2025-26; state wise instalment and cumulative figures accompany the release. en-us Mon, 07 Nov 2022 15:12:41 +0530 Mon, 07 Nov 2022 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25920 The Department of Expenditure released the eighth monthly instalment of the Post Devolution Revenue Deficit Grant to 14 States, increasing total 2022-23 releases to Rs. 57,467.33 crore against a recommended annual grant of Rs. 86,201 crore. These grants, provided under Article 275 of the Constitution, are disbursed in twelve equated monthly instalments per Finance Commission recommendations to cover the assessed post devolution revenue expenditure gap for the period 2020-21 to 2025-26; state wise instalment and cumulative figures accompany the release. News - Mon, 07 Nov 2022 15:12:41 +0530 https://www.taxtmi.com/news?id=25920