Union Budget allocates nearly Rs 50,000 cr tax devolution to Assam in FY'27

Union Budget allocates nearly Rs 50,000 cr tax devolution to Assam in FY'27 https://www.taxtmi.com/news?id=69716 The Union Budget 2026-27 budgets Rs 49,725 crore to Assam as tax devolution, complements ongoing grants-in-aid and capital investment support, and continues 50-year interest-free SASCI loans beyond Finance Commission recommendations (Rs 17,104 crore to Assam in FY 2020-26), while aligning fiscal transfers with flagship welfare schemes and infrastructure creation to accelerate development. en-us Mon, 02 Feb 2026 20:01:03 +0530 Mon, 02 Feb 2026 20:01:03 +0530 TaxTMI RSS Generator Union Budget allocates nearly Rs 50,000 cr tax devolution to Assam in FY'27 https://www.taxtmi.com/news?id=69716 The Union Budget 2026-27 budgets Rs 49,725 crore to Assam as tax devolution, complements ongoing grants-in-aid and capital investment support, and continues 50-year interest-free SASCI loans beyond Finance Commission recommendations (Rs 17,104 crore to Assam in FY 2020-26), while aligning fiscal transfers with flagship welfare schemes and infrastructure creation to accelerate development. News - Mon, 02 Feb 2026 20:01:03 +0530 https://www.taxtmi.com/news?id=69716