Search For "tax devolution"
"South India not getting their share, will raise issue in Parliament": Con
Updated : 1 year, 5 months ago IST
The Union Government has recently released tax devolution to the state governments in which Karnataka got Rs 6,498 crore, which the Karnataka Congress leaders have argued is low compared to other states.
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Ahead of festive season, Centre releases over Rs 1.78 lakh crore to states
Updated : 1 year, 5 months ago IST
The decision was taken in view of the upcoming festive season and to enable States to accelerate capital spending, and also finance their development/welfare-related expenditure, as per the statement.
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Karnataka CM Siddaramaiah invites 8 CMs to discuss unfair devolution of fu
Updated : 1 year, 6 months ago IST
Karnataka Chief Minister Siddaramaiah has written a letter to the Chief Ministers of eight states regarding the unfair devolution of taxes by the Union government.
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Centre paid nothing to Delhi government: Atishi on tax devolution
Updated : 1 year, 7 months ago IST
"People of Delhi gave Rs 2.25 lakh crore as taxes to the central government last year. Just see, how much money was given to the Delhi government by the central government from that money. It was zero. Nothing was given to the Delhi government," Atishi said while speaking to ANI on Friday.
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Under current provisions, special status for states unviable; Centre has o
Updated : 1 year, 9 months ago IST
With a coalition government at the Centre, the demand for special status by states like Bihar and Andhra Pradesh is again in focus. Modi 3.0 will be under pressure from their two important coalition partners JDU from Bihar and TDP from Andhra Pradesh to grant special status to their states.
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Centre releases Rs 139,750 crore to states towards tax devolution for June
Updated : 1 year, 9 months ago IST
The biggest chunk of the fund went to Uttar Pradesh at Rs 25,069.88 crore, followed by Bihar at Rs 14,056.12 crore, Madhya Pradesh got Rs 10,970.44 crore, and West Bengal was devolved Rs 10,513.46 crore.
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Uttarakhand CM Dhami thanks PM Modi, FM Sitharaman for releasing tax devol
Updated : 1 year, 9 months ago IST
Uttarakhand Chief Minister Pushkar Singh Dhami has expressed his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for releasing an amount of Rs. 1562.44 crores to Uttarakhand in the tax-transfer process.
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Finance Ministry announces additional Rs. 1.39 lakh crore tax devolution t
Updated : 1 year, 9 months ago IST
The additional installment of funds is part of a broader fiscal strategy outlined in the Interim Budget for 2024-25, which has allocated Rs 12,19,783 crore towards the devolution of taxes to states.
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Centre's tax devolution to states up by Rs 2.25 lakh crore in FY24
Updated : 1 year, 11 months ago IST
A total amounting to Rs 10.3 lakh crore has been transferred to state governments as devolution of share of taxes by central government, which is Rs 2.25 lakh crore higher than it had done the previous year, the Ministry of Finance said in a release on Thursday.
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Tripura receives additional tax devolution of Rs 1006 crore
Updated : 2 years ago IST
In a significant move, the central government released an additional tax devolution, amounting to Rs 1006 crore for the state of Tripura.
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Union government releases Rs 1.42 Lakh Crore in tax devolution to state go
Updated : 2 years ago IST
According to a press release, this move is aimed at providing much-needed support to state administrations in financing various social welfare programs and infrastructure development schemes.
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Centre released Rs 4842 crore in tax devolution to Chhattisgarh: CM Vishnu
Updated : 2 years ago IST
Speaking to the media, Chief Minister Vishnu Deo Sai expressed gratitude, stating, "Chhattisgarh is fortunate to have a double-engine government, and we have received a significant amount of 4842 crore in tax devolution."
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