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Tag : devolution funds

Finance Ministry Announced Additional Tax Devolution Of Rs 1.39 Lakh Crores For June 2024

Esha SomadderJune 11, 2024June 11, 2024

by Esha SomadderJune 11, 2024June 11, 202412791

In June, the central government devolved Rs 1.39 lakh crore to states as part of its tax revenue. Devolution involves delegating financial resources and decision-making...

Centre to Release Devolution Funds to States, Says FM Sitharaman

NileshNovember 16, 2021November 16, 2021

by NileshNovember 16, 2021November 16, 202101230

Finance Minister Nirmala Sitharaman said that the government would issue more devolution funds due to states on November 22 spending on capital expenditure. “Many states...

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