Tag: tax devolution

Centre releases ₹1.73 lakh crore towards tax devolution to states

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Centre releases ₹1.73 lakh crore towards tax devolution to states

Union Finance Minister Nirmala Sitharaman | Photo Credit: ANI The Centre on Friday (January 10, 2025) released tax devolution of ₹1.73 lakh crore to the state governments to accelerate capital expenditure and finance welfare activities. “A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and…

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‘Third-rate PR’: Congress on government authorising release of tax devolution to states for June

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‘Third-rate PR’: Congress on government authorising release of tax devolution to states for June

File picture of Congress leader Jairam Ramesh | Photo Credit: ANI The Congress slammed the Centre on Monday after it authorised the release of tax devolution to States for June and said this is “third-rate PR” trying to pass off what is legitimately due to States as some “prasad” being distributed. The Centre on Monday…

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