TaxTMI 
TaxTMI 
Centre releases 72,961.21 crore as additional installment of Tax Devolution to States
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....entre releases 72,961.21 crore as additional installment of Tax Devolution to States <br>News and Press Release<br>Dated:- 22-12-2023<br><BR>Installment released today is in addition to tax devolution due to States on 10 January 2024 and the installment of ₹72,961.21 crore already released on 11 December 2023 In view of the forthcoming festivities and the New Year, the Union Government has ....
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....authorised the release of an additional installment of tax devolution amounting to ₹72,961.21 crore to strengthen the hands of State Governments for financing various social welfare measures and infrastructure development schemes. This installment is in addition to the tax devolution installment due to States on 10 January 2024 and the installment of ₹72,961.21 crore already released ....
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....on 11 December 2023. The State-wise break up of amounts released is given below: Sl.No. State Amount (₹ in crore) 1 Andhra Pradesh 2952.74 2 Arunachal Pradesh 1281.93 3 Assam 2282.24 4 Bihar 7338.44 5 Chhattisgarh 2485.79 6 Goa 281.63 7 Gujarat 2537.59 8 Haryana 797.47 9 Himachal Pradesh 605.57 10 Jharkhand 2412.83 11 Karnataka 2660.88 12 Kerala 1404.5....
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....0 13 Madhya Pradesh 5727.44 14 Maharashtra 4608.96 15 Manipur 522.41 16 Meghalaya 559.61 17 Mizoram 364.80 18 Nagaland 415.15 19 Odisha 3303.69 20 Punjab 1318.40 21 Rajasthan 4396.64 22 Sikkim 283.10 23 Tamil Nadu 2976.10 24 Telangana 1533.64 25 Tripura 516.56 26 Uttar Pradesh 13088.51 27 Uttarakhand 815.71 28 West Bengal 5488.88 TOTAL 72961.21<BR....
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