The Central government on Friday announced the release of a substantial tax devolution package amounting to Rs 1.73 lakh crore to state governments. This increased allocation aims to accelerate ...
"A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures," the finance ministry said in a statement.
Tax devolution is a constitutional process where the central government allocates a portion of the tax revenue to the states. The division of this revenue is determined by the Finance Commission ...
In the letter the council leaders say: “The three local authorities, Cheshire East, Cheshire West and Chester and Warrington are committed to working in partnership to progress a devolution agreement ...
The Union Government released tax devolution of Rs 1,73,030 crore to state governments in January 2025 ... "A higher amount is being devolved this month to enable states to accelerate capital spending ...
"A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures," the finance ministry said in a statement.
"A higher amount is being devolved this month to enable states to accelerate capital ... said in a statement. The Union government has released tax devolution of ₹1,73,030 crore to state ...