The central government on Friday authorised the release of an additional installment of tax devolution amounting to Rs 72,961.21 crore. According to the list of funds issued by the Ministry of Finance, Uttar Pradesh will receive the highest amount in its account among the states.
The central government has authorised the release of an additional instalment of tax devolution amounting to Rs 72,961 crore to state governments for financing various social welfare measures and infrastructure development schemes.