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Madhya Pradesh Balances Hope, Disappointment After Budget 2026
The Union Budget has landed, but for Madhya Pradesh, it has triggered more debate than celebration. While the Centre is projecting growth and efficiency, Madhya Pradesh has emerged as the lowest gainer under the new tax-sharing formula.
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Karnataka Emerges Biggest Gainer Under 16th Finance Commission Formula
The Congress-ruled Karnataka is set to emerge as the biggest gainer of the 16th Finance Commission's horizontal devolution formula, while the BJP-led Madhya Pradesh will likely take the largest hit.
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UP Gets Rs 31,962 Crore Advance Installment Of Tax Devolution From Centre
Uttar Pradesh on Thursday received Rs 31,962 crore advance instalment from the central government, the largest share among all states, as part of tax devolution ahead of the festive season.
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DMK Backs Siddaramaiah's Proposal To Discuss "Unfair" Sharing Of Taxes
The ruling Dravida Munnetra Kazhagam (DMK) in Tamil Nadu has come out in support of Karnataka Chief Minister Siddaramaiah's proposal to convene a conclave of chief ministers to discuss the "unfair" sharing of taxes with states and fiscal federalism.
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Centre Releases Rs 1.39 Lakh Crore As Tax Devolution To States To Boost Development
In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
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Centre Authorises Release Of Rs 1.39 Lakh Crore Tax Devolution To States For June
The Centre on Monday authorised the release of tax devolution of Rs 1,39,750 crore to states for June.
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Opinion: North-South Row - Why Both Centre & States Need To Course-Correct
The Centre needs to revisit the 'income distance' criterion, which gets a heavy weightage in the computation of tax devolution. Southern states, in turn, need to address their own pain points. It's give some, take some.
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BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
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Congress "Inciting" Karnataka Info On Devolution Of Funds From Centre: BJP
The BJP on Tuesday lodged a protest with Governor Thaawarchand Gehlot against the state government's alleged use of public money to issue front page advertisements in various newspapers asking people to take part in 'Chalo Delhi' march against the Ce
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Centre Devolves Over Rs 3.09 Lakh Crore Sum To States Till July
Of the Rs 3.09 lakh crore net proceeds of shareable union taxes and duties distributed to the states, Central GST collection devolution stood at Rs 94,368 crore till July.
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Madhya Pradesh Balances Hope, Disappointment After Budget 2026
The Union Budget has landed, but for Madhya Pradesh, it has triggered more debate than celebration. While the Centre is projecting growth and efficiency, Madhya Pradesh has emerged as the lowest gainer under the new tax-sharing formula.
-
Karnataka Emerges Biggest Gainer Under 16th Finance Commission Formula
The Congress-ruled Karnataka is set to emerge as the biggest gainer of the 16th Finance Commission's horizontal devolution formula, while the BJP-led Madhya Pradesh will likely take the largest hit.
-
UP Gets Rs 31,962 Crore Advance Installment Of Tax Devolution From Centre
Uttar Pradesh on Thursday received Rs 31,962 crore advance instalment from the central government, the largest share among all states, as part of tax devolution ahead of the festive season.
-
DMK Backs Siddaramaiah's Proposal To Discuss "Unfair" Sharing Of Taxes
The ruling Dravida Munnetra Kazhagam (DMK) in Tamil Nadu has come out in support of Karnataka Chief Minister Siddaramaiah's proposal to convene a conclave of chief ministers to discuss the "unfair" sharing of taxes with states and fiscal federalism.
-
Centre Releases Rs 1.39 Lakh Crore As Tax Devolution To States To Boost Development
In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
-
Centre Authorises Release Of Rs 1.39 Lakh Crore Tax Devolution To States For June
The Centre on Monday authorised the release of tax devolution of Rs 1,39,750 crore to states for June.
-
Opinion: North-South Row - Why Both Centre & States Need To Course-Correct
The Centre needs to revisit the 'income distance' criterion, which gets a heavy weightage in the computation of tax devolution. Southern states, in turn, need to address their own pain points. It's give some, take some.
-
BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
-
Congress "Inciting" Karnataka Info On Devolution Of Funds From Centre: BJP
The BJP on Tuesday lodged a protest with Governor Thaawarchand Gehlot against the state government's alleged use of public money to issue front page advertisements in various newspapers asking people to take part in 'Chalo Delhi' march against the Ce
-
Centre Devolves Over Rs 3.09 Lakh Crore Sum To States Till July
Of the Rs 3.09 lakh crore net proceeds of shareable union taxes and duties distributed to the states, Central GST collection devolution stood at Rs 94,368 crore till July.
