In view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure, Union Government releases regular tax devolution of Rs.1,09,019 crore to State Governments in advance https://www.taxtmi.com/news?id=75187 Regular tax devolution of Rs. 1,09,019 crore was released by the Union Government to State Governments on 5 November 2026, ahead of its normal monthly release date of 10 November 2026. The instalment was advanced in view of the festive season to enable States to accelerate capital spending and finance development and welfare expenditure. en-us Thu, 05 Nov 2026 18:46:48 +0530 Thu, 05 Nov 2026 18:46:48 +0530 TaxTMI RSS Generator In view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure, Union Government releases regular tax devolution of Rs.1,09,019 crore to State Governments in advance https://www.taxtmi.com/news?id=75187 Regular tax devolution of Rs. 1,09,019 crore was released by the Union Government to State Governments on 5 November 2026, ahead of its normal monthly release date of 10 November 2026. The instalment was advanced in view of the festive season to enable States to accelerate capital spending and finance development and welfare expenditure. News - Thu, 05 Nov 2026 18:46:48 +0530 https://www.taxtmi.com/news?id=75187