{"id":29353,"date":"2024-06-10T18:51:41","date_gmt":"2024-06-10T18:51:41","guid":{"rendered":"https:\/\/thenftimes.com\/index.php\/2024\/06\/10\/centre-releases-rs-1-39-lakh-crore-installment-of-tax-devolution-to-states-n-f-times\/"},"modified":"2024-06-10T18:51:43","modified_gmt":"2024-06-10T18:51:43","slug":"centre-releases-rs-1-39-lakh-crore-installment-of-tax-devolution-to-states-n-f-times","status":"publish","type":"post","link":"https:\/\/thenftimes.com\/index.php\/2024\/06\/10\/centre-releases-rs-1-39-lakh-crore-installment-of-tax-devolution-to-states-n-f-times\/","title":{"rendered":"Centre Releases Rs 1.39 Lakh Crore Installment of Tax Devolution to States – N.F Times"},"content":{"rendered":"

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New Delhi: <\/strong>The Finance Ministry at the Centre has decided to release one additional instalment of devolution of taxes to states besides the devolution amount for June 2024.<\/p>\n

It has been decided that apart from the regular release of the devolution amount for June 2024, one additional instalment will be released.\u00a0 <\/strong>This release cumulatively amounts to Rs. 1,39,750 crore in the current month. This will enable State Governments to accelerate development and capital spending.<\/p>\n

The Interim Budget 2024-25 has a provision of Rs. 12,19,783 crore towards devolution of taxes to States.<\/p>\n

With this release, the total amount devolved (for FY 2024-25) to States till 10 June 2024 is Rs. 2,79,500 crore.<\/p>\n

State-wise releases:<\/strong><\/span><\/p>\n

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Sl.N<\/strong>o.<\/strong><\/td>\nState<\/strong><\/td>\nTax Devolved on 10th<\/sup>\u00a0June, 2024<\/strong><\/td>\n<\/tr>\n
1<\/strong><\/td>\nAndhra Pradesh<\/td>\n5655.72<\/strong><\/td>\n<\/tr>\n
2<\/strong><\/td>\nArunachal Pradesh<\/td>\n2455.44<\/strong><\/td>\n<\/tr>\n
3<\/strong><\/td>\nAssam<\/td>\n4371.38<\/strong><\/td>\n<\/tr>\n
4<\/strong><\/td>\nBihar<\/td>\n14056.12<\/strong><\/td>\n<\/tr>\n
5<\/strong><\/td>\nChhattisgarh<\/td>\n4761.30<\/strong><\/td>\n<\/tr>\n
6<\/strong><\/td>\nGoa<\/td>\n539.42<\/strong><\/td>\n<\/tr>\n
7<\/strong><\/td>\nGujarat<\/td>\n4860.56<\/strong><\/td>\n<\/tr>\n
8<\/strong><\/td>\nHaryana<\/td>\n1527.48<\/strong><\/td>\n<\/tr>\n
9<\/strong><\/td>\nHimachal<\/td>\n1159.92<\/strong><\/td>\n<\/tr>\n
10<\/strong><\/td>\nJharkhand<\/td>\n4621.58<\/strong><\/td>\n<\/tr>\n
11<\/strong><\/td>\nKarnataka<\/td>\n5096.72<\/strong><\/td>\n<\/tr>\n
12<\/strong><\/td>\nKerala<\/td>\n2690.20<\/strong><\/td>\n<\/tr>\n
13<\/strong><\/td>\nMadhya Pradesh<\/td>\n10970.44<\/strong><\/td>\n<\/tr>\n
14<\/strong><\/td>\nMaharashtra<\/td>\n8828.08<\/strong><\/td>\n<\/tr>\n
15<\/strong><\/td>\nManipur<\/td>\n1000.60<\/strong><\/td>\n<\/tr>\n
16<\/strong><\/td>\nMeghalaya<\/td>\n1071.90<\/strong><\/td>\n<\/tr>\n
17<\/strong><\/td>\nMizoram<\/td>\n698.78<\/strong><\/td>\n<\/tr>\n
18<\/strong><\/td>\nNagaland<\/td>\n795.20<\/strong><\/td>\n<\/tr>\n
19<\/strong><\/td>\nOdisha<\/td>\n6327.92<\/strong><\/td>\n<\/tr>\n
20<\/strong><\/td>\nPunjab<\/td>\n2525.32<\/strong><\/td>\n<\/tr>\n
21<\/strong><\/td>\nRajasthan<\/td>\n8421.38<\/strong><\/td>\n<\/tr>\n
22<\/strong><\/td>\nSikkim<\/td>\n542.22<\/strong><\/td>\n<\/tr>\n
23<\/strong><\/td>\nTamil Nadu<\/td>\n5700.44<\/strong><\/td>\n<\/tr>\n
24<\/strong><\/td>\nTelangana<\/td>\n2937.58<\/strong><\/td>\n<\/tr>\n
25<\/strong><\/td>\nTripura<\/td>\n989.44<\/strong><\/td>\n<\/tr>\n
26<\/strong><\/td>\nUttar Pradesh<\/td>\n25069.88<\/strong><\/td>\n<\/tr>\n
27<\/strong><\/td>\nUttarakhand<\/td>\n1562.44<\/strong><\/td>\n<\/tr>\n
28<\/strong><\/td>\nWest Bengal<\/td>\n10513.46<\/strong><\/td>\n<\/tr>\n
\u00a0<\/td>\nTOTAL<\/strong><\/td>\n139750.92<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div>\n


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[ad_1] Ministry of Finance New Delhi: The Finance Ministry at the Centre has decided to release one additional instalment of devolution of taxes to states besides the devolution amount for June 2024. It has been decided that apart from the regular release of the devolution amount for June 2024, one additional […]<\/p>\n","protected":false},"author":1,"featured_media":29354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-29353","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nation"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/06\/unnamed-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/29353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=29353"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/29353\/revisions"}],"predecessor-version":[{"id":29355,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/29353\/revisions\/29355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/29354"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=29353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=29353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=29353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}