Dossier
tax devolution
Coverage of tax devolution in the Nexus archive.
- Centre’s additional tax devolution will boost Andhra Pradesh’s development, says Chief Minister Chandrababu Naidu
The Centre's additional tax devolution will provide ₹4,597 crore in funds to Andhra Pradesh, enabling the government to expedite ongoing projects and strengthen efforts toward long-term development goals, as stated by Chief Minister Chandrababu Naidu.
- Centre releases additional instalment of tax devolution of ₹1.09 lakh crore to States
The Centre has released an additional installment of ₹1.09 lakh crore in tax devolution to States. Currently, 41% of the taxes collected by the Centre are distributed among States in 14 installments annually.
- Centre releases ₹2,597 crore to Kerala as ‘additional instalment’ of tax devolution to boost capital spending
The Centre released ₹2,597 crore to Kerala as an additional instalment of tax devolution to boost capital spending. This payment is in addition to the routine monthly devolution set for August 10 by the Union Finance Ministry.