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.
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.
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.
In India, the real estate sector is the second-largest employment generator, following agriculture. Over the last ten years, the Modi government has constructed over 4 crore houses for the poor under the PM Awaas Yojana (PMAY).
NCP-SCP leader Clyde Crasto on Saturday accused the BJP of using central agencies like the Income Tax Department, CBI, and ED to target opposition leaders with allegations of corruption.
"It was a difficult year for us. This election was contested over farmers' issues, water crises, unemployment and corruption....The voters have rejected income tax, CBI, and ED," Sule said.
Hyderabad (Telangana) [India], June 6: EZTax, the leading tax compliance portal in India, has announced substantial improvements to its EZ-Help feature today. These improvements are designed to assist Indian taxpayers in submitting their Income Tax Return (ITR) in a more efficient and straig
Uttarakhand Chief Minister Pushkar Singh Dhami expressed his grief over the loss of lives in the accident in Nainital district of Uttarakhand, which claimed six lives, on Wednesday evening.
Bengaluru (Karnataka) [India], June 5: A new fleet of electric vehicle (EV) Airport Taxis from Refex eVeelz by Refex Group's Green Mobility vertical has been introduced at the Kempegowda International Airport, Bengaluru today to mark the World Environment Day. The new EV fleet comprises 175
The Central Board of Indirect Taxes and Customs (CBIC) has invited suggestions on the draft 'Central Excise Bill, 2024' from stakeholders. The last date for submitting the suggestions is June 26, 2024.
The GST collection in May registered a 10 per cent year-on-year growth, driven by a strong increase in domestic transactions (up 15.3 per cent) and a decrease in imports (down 4.3 per cent).