Close Menu

    Subscribe to Updates

    Get the latest news information from worldwide businesses.

    What's Hot

    ICAI re-opens CA Final November 2026 exam application window: Here’s why, how to apply | Education News

    August 1, 2026

    ‘Flight of the Navigator’ at 40: the Disney space movie that messed with time dilation long before ‘Interstellar’

    August 1, 2026

    Team India’s warmup match itinerary changed ahead of SL vs IND 2026 1st Test: Reports

    August 1, 2026
    Facebook Instagram YouTube LinkedIn X (Twitter)
    Trending
    • ICAI re-opens CA Final November 2026 exam application window: Here’s why, how to apply | Education News
    • ‘Flight of the Navigator’ at 40: the Disney space movie that messed with time dilation long before ‘Interstellar’
    • Team India’s warmup match itinerary changed ahead of SL vs IND 2026 1st Test: Reports
    • I Experienced The World’s First Electrostatic Speakers In A Production Car. Now I Can’t Go Back
    • The Hypnotic World of Water Therapy: 7 Places to Experience Wellness’ Next Big Obsession
    • Eating 30-40 G of Dark Chocolate Lowers Cholesterol
    • Instapaper, the OG reading app, just got a big update
    • Voda Idea gets Rs 26.8 cr DoT notice for alleged default in spectrum-related rollout obligations
    Newspublicly
    • About Us
    • Advertise & Partner with us
    • Pitch Your Story
    • Contact Us
    Facebook Instagram LinkedIn X (Twitter)
    Subscribe
    • Home
    • World News
      • Asia
      • India
      • USA
      • UK & Europe
      • Middle East
    • Economy & Business
      • Global Economy
      • Corporate & Industry
      • Finance & Markets
      • Policy & Trade
    • Technology
      • Gadgets & Devices
      • Software & Apps
      • AI & Machine Learning
      • Robotics & Automation
    • Health & Medicine
      • Fitness & Nutrition
      • Research & Innovation
      • Disease & Treatment
      • Doctors, Clinics & Patient Care
    • Travel & Tourism
    • Automobile
      • Electric & Hybrid Vehicles
      • Auto Industry Insights
    • Sports
    • More
      • Education
      • Real Estate
      • Environment & Climate
      • Space & Astronomy
      • War & Conflicts
    Newspublicly
    Home»Economy & Business»Corporate & Industry»Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spending
    Corporate & Industry

    Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spending

    AdminBy AdminAugust 1, 2026No Comments3 Mins Read0 Views
    Share
    Facebook Twitter LinkedIn Copy Link WhatsApp


    The Union government has released an additional instalment of tax devolution to state governments amounting to Rs 1,09,019 crore on August 1, 2026, the finance ministry said on Saturday. This is over and above the normal monthly devolution scheduled for August 10.

    “The Union government has released additional instalment of tax devolution to state governments amounting to Rs 1,09,019 crore on 1st August 2026, which is in addition to the normal monthly devolution to be released on 10th August 2026,” the ministry said in a statement.

    The government said the move is aimed at strengthening state finances and accelerating capital and developmental expenditure across states.

    Also read: India’s gross GST collections rise 15.4% to Rs 2.11 lakh crore in July

    Currently, 41 per cent of taxes collected by the Centre is devolved among states in 14 instalments during a fiscal year.

    ET logo

    Live Events


    State-wise break-up

    According to the release, Uttar Pradesh received the highest share at Rs 19,208 crore, followed by Bihar (Rs 10,845 crore), Madhya Pradesh (Rs 8,010 crore), West Bengal (Rs 7,866 crore) and Maharashtra (Rs 7,022 crore).Other major states received the following amounts: Rajasthan (Rs 6,460 crore), Odisha (Rs 4,819 crore), Karnataka (Rs 4,504 crore), Tamil Nadu (Rs 4,466 crore), Gujarat (Rs 4,094 crore), Andhra Pradesh (Rs 4,597 crore), Jharkhand (Rs 3,660 crore), Chhattisgarh (Rs 3,602 crore) and Assam (Rs 3,552 crore).

    Also read: India ready for a premium wealth show while US missiles rattle the world

    Among the remaining states, Kerala received Rs 2,597 crore, Telangana got Rs 2,370 crore, and Punjab was allocated Rs 2,176 crore. Haryana (Rs 1,484 crore), Arunachal Pradesh (Rs 1,476 crore) and Uttarakhand (Rs 1,244 crore) also featured among the mid-range allocations.

    The smaller states and Union Territories received comparatively modest amounts: Himachal Pradesh (Rs 996 crore), Tripura (Rs 699 crore), Meghalaya (Rs 688 crore), Manipur (Rs 682 crore), Mizoram (Rs 615 crore), Nagaland (Rs 524 crore), Goa (Rs 398 crore) and Sikkim (Rs 365 crore).

    With inputs from PTI

    State Amount (Rs crore)
    Andhra Pradesh 4,597
    Arunachal Pradesh 1,476
    Assam 3,552
    Bihar 10,845
    Chhattisgarh 3,602
    Goa 398
    Gujarat 4,094
    Haryana 1,484
    Himachal Pradesh 996
    Jharkhand 3,660
    Karnataka 4,504
    Kerala 2,597
    Madhya Pradesh 8,010
    Maharashtra 7,022
    Manipur 682
    Meghalaya 688
    Mizoram 615
    Nagaland 524
    Odisha 4,819
    Punjab 2,176
    Rajasthan 6,460
    Sikkim 365
    Tamil Nadu 4,466
    Telangana 2,370
    Tripura 699
    Uttar Pradesh 19,208
    Uttarakhand 1,244
    West Bengal 7,866

    (With inputs from PTI)

    A couple of quick notes before you file:

    • Kept “Kerala” in the table rather than “Keralam” (PIB’s spelling) since ET Online copy convention uses the standard English form — flag if you want to retain PIB’s exact usage.
    • Left the ministry quote verbatim since it’s an official statement being directly attributed, not reworded copy.
    • Want me to also draft the 2-3 line social copy (X/LinkedIn) to go with this byline?



    Source link

    Author

    • Admin

      NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Admin
    • Website

    NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Related Posts

    Voda Idea gets Rs 26.8 cr DoT notice for alleged default in spectrum-related rollout obligations

    August 1, 2026

    Air India to launch seasonal Mumbai-Toronto non-stop flights from October 25; deploys new Dreamliner on Delhi route

    August 1, 2026

    Maruti Suzuki records 42.4% growth in domestic sales in July, hits highest-ever 2 lakh units

    August 1, 2026
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    The Blue Moon rises on May 30— Where and when to see the second full moon of the month

    May 30, 202640 Views

    New SOCOM rifle allows barrel swapping and cartridge changes

    June 1, 202633 Views

    “Inside Gemini Robotics 1.5: How Robots Learn to Reason & Act

    November 22, 202527 Views

    525 pounds of cocaine seized after Nebraska K9 alerts troopers on I-80

    May 28, 202624 Views
    Don't Miss

    ICAI re-opens CA Final November 2026 exam application window: Here’s why, how to apply | Education News

    August 1, 20262 Mins Read0 Views

    2 min readNew DelhiUpdated: Aug 1, 2026 05:43 PM IST The Institute of Chartered Accountants…

    ‘Flight of the Navigator’ at 40: the Disney space movie that messed with time dilation long before ‘Interstellar’

    August 1, 2026

    Team India’s warmup match itinerary changed ahead of SL vs IND 2026 1st Test: Reports

    August 1, 2026

    I Experienced The World’s First Electrostatic Speakers In A Production Car. Now I Can’t Go Back

    August 1, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • YouTube
    • LinkedIn
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    NEWSPUBLICLY
    Facebook X (Twitter) Instagram LinkedIn

    Home

    • About Us
    • Leadership
    • Advertise & Partner With Us
    • Pitch Your Story
    • Media Kit & Pricing
    • Career
    • FAQs

    Guidelines

    • Editorial & Submission
    • Partnership
    • Advertising & Sponsor
    • Intellectual Property Policy
    • Community & Comment
    • Security & Data Protection
    • Send Your Opinion

    Quick Links

    • Cookie Policy
    • Payment & Billing Terms
    • Refund & Cancellation
    • Copyright Policy
    • Complaint & Support
    • Sitemap
    • Contact Us

    Subscribe Us

    Get the latest news and updates!

    Copyright © 2026 Newspublicly (DIGITALIX COMMUNICATION). All Rights Reserved.
    • Privacy Policy
    • Terms of Use
    • Disclaimer