Tax Devolution
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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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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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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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Centre Releases Tax Devolution Worth Rs 1.16 Lakh Crore To States
The government on Thursday released two instalments of tax devolution to states totalling over Rs 1.16 lakh crore to help accelerate their capital expenditure.
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15th Finance Commission Invites Public Suggestions By June 30
The 15th Finance Commission, set up to recommend the devolution of central pool taxes to states, as well as a fiscal consolidation roadmap for government finances, has invited suggestions from the public, according to the Union Finance Ministry.
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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.
-
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.
-
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.
-
Centre Releases Tax Devolution Worth Rs 1.16 Lakh Crore To States
The government on Thursday released two instalments of tax devolution to states totalling over Rs 1.16 lakh crore to help accelerate their capital expenditure.
-
15th Finance Commission Invites Public Suggestions By June 30
The 15th Finance Commission, set up to recommend the devolution of central pool taxes to states, as well as a fiscal consolidation roadmap for government finances, has invited suggestions from the public, according to the Union Finance Ministry.
