Centre releases additional instalment of tax devolution of ₹1.09 lakh crore to States
Image used for representational purposes. File | Photo Credit: iStockphoto/Getty Images The Finance Ministry on Saturday (August 1, 2026) said the Centre has released an additional instalment of tax devolution to state governments amounting to ₹1.09 lakh crore, which is in addition to the normal monthly amount. Currently, 41% of taxes collected by the Centre…
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