Centre releases additional instalment of tax devolution of Rs 1.01 lakh cr to state govts

Bonus to states before Diwali, Center issued 1,01,603 crore; This state got the most money

Festival booster: The Union Finance Ministry said on Wednesday that the central government has issued an additional tax transfer of Rs 1,01,603 crore to the state governments between the current festive season. This is an additional amount from normal monthly transfer, which is scheduled to be released on 10 October. According to the ministry, this decision has been taken in view of the festive season so that state can speed up capital expenditu…

Odisha Gets Rs 4,601 Cr As Tax Devolution From Centre; CM Majhi Thanks PM, FM

Bhubaneswar: In view of the festive season, the Central government has released Rs 4,601 crore to Odisha as part of additional tax devolution, the Finance Ministry said in a statement. Chief Minister Mohan Charan Majhi expressed his gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for releasing the advance instalment of tax devolution. “This timely support exemplifies the strength of Centre-State cooperatio…

Northeast India Receives Only 8.5% of Centre’s Total Rs 1.01 Lakh Crore Fund Release

Agartala, Oct 2: The Union Government’s release of Rs 1,01,603 crore as additional tax devolution on October 1 saw Northeast Indian states collectively receive Rs 8668 crore, led by Assam with Rs 3178 crore, even as States like Uttar Pradesh (Rs 18,227 crore) and Bihar (Rs 10,219 crore) alone outpaced the entire region. According to […]

Centre’s Tax Share: AP Bags Double of Telangana

The central government has officially released the data pertaining to the tax devolution process, allocating significant amounts of tax money to the respective state governments. According to the latest update, the Union Government released ₹1,01,603 crore to the states as an advance instalment of tax devolution. Looking at the allocations for Andhra Pradesh and Telangana, the difference is quite evident. Andhra Pradesh received ₹4,112 crore as …

Centre releases ₹4,601 Crore additional tax devolution to Odisha

New Delhi: The Central Government has released ₹4,601 crore to Odisha as part of additional tax devolution, the Finance Ministry said on Wednesday. In total, the Centre has disbursed ₹1,01,603 crore to various state governments as an additional allocation, supplementing the normal monthly devolution scheduled for October 10. The move comes ahead of the festive season, aimed at enabling states to accelerate capital spending and fund development a…

Centre releases additional instalment of tax devolution of Rs 1.01 lakh cr to state govts

The Centre released an additional Rs 1,01,603 crore in tax devolution to state governments on October 1, 2025, ahead of the festive season. This aims to boost states' capital spending and finance development and welfare-related expenditure. This move, in addition to the normal monthly devolution, aligns with cooperative federalism and the 'Viksit Bharat' goal.