https://www.taxtmi.com/news?id=29988 Union Government released tax devolution from the Net Proceeds of Union Taxes and Duties to State Governments for January 2025 to enable accelerated capital spending and to finance development and welfare-related expenditures. The release is larger than the previous month and is accompanied by a state-wise distribution itemising allocations to each state as fiscal transfers for capital and welfare spending. en-us Fri, 10 Jan 2025 17:53:01 +0530 Fri, 10 Jan 2025 17:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29988 Union Government released tax devolution from the Net Proceeds of Union Taxes and Duties to State Governments for January 2025 to enable accelerated capital spending and to finance development and welfare-related expenditures. The release is larger than the previous month and is accompanied by a state-wise distribution itemising allocations to each state as fiscal transfers for capital and welfare spending. News - Fri, 10 Jan 2025 17:53:01 +0530 https://www.taxtmi.com/news?id=29988