https://www.taxtmi.com/news?id=45281 An additional instalment of central tax devolution equal to the regular monthly amount has been approved for release to state governments on June 2 to provide near-term liquidity for capital spending, development and welfare-related expenditure and priority projects. The measure operates within the existing devolution framework whereby 41 per cent of centrally collected taxes is devolved to states in instalments and is presented as supporting cooperative federalism and accelerated state investment. en-us Fri, 30 May 2025 21:01:04 +0530 Fri, 30 May 2025 21:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45281 An additional instalment of central tax devolution equal to the regular monthly amount has been approved for release to state governments on June 2 to provide near-term liquidity for capital spending, development and welfare-related expenditure and priority projects. The measure operates within the existing devolution framework whereby 41 per cent of centrally collected taxes is devolved to states in instalments and is presented as supporting cooperative federalism and accelerated state investment. News - Fri, 30 May 2025 21:01:04 +0530 https://www.taxtmi.com/news?id=45281