Government releases two instalments of tax devolution to State Governments amounting to Rs 1,16,665.75 crore as against normal monthly devolution of Rs. 58,332.86 crore

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..... Government releases two instalments of tax devolution to State Governments amounting to Rs 1,16,665.75 crore as against normal monthly devolution of Rs. 58,332.86 crore - News and Press Release Dated:- 10-8-2022 - News - The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665.75 crore on 10 th August, 2022, as against normal monthly d .....

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..... evolution of Rs..58,332.86 crore. This is in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure. State-wise breakup of amounts released is given below in the table: State-wise distribution of Net Proceeds of Union Taxes and Duties for August 2022 Sl. No Name of .....

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..... State Total (Rs. Crore) 1 Andhra Pradesh 4,721.44 2 Arunachal Pradesh 2,049.82 3 Assam 3,649.30 4 Bihar 11,734.22 5 .....

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..... Chhattisgarh 3,974.82 6 Goa 450.32 7 Gujarat 4,057.64 8 Haryana 1,275.14 9 Himachal Pradesh 968.32 10 Jhar .....

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..... khand 3,858.12 11 Karnataka 4,254.82 12 Kerala 2,245.84 13 Madhya Pradesh 9,158.24 14 Maharashtra 7,369.76 15 Manip .....

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..... ur 835.34 16 Meghalaya 894.84 17 Mizoram 583.34 18 Nagaland 663.82 19 Odisha 5,282.62 20 Punjab 2,1 .....

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..... 08.16 21 Rajasthan 7,030.28 22 Sikkim 452.68 23 Tamil Nadu 4,758.78 24 Telangana 2,452.32 25 Tripura 826 .....

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..... 26 Uttar Pradesh 20,928.62 27 Uttarakhand 1,304.36 28 West Bengal 8,776.76 Total 1,16,665.72 - News - Press release - PIB Tax Management India - taxmanagemen .....

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..... tindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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