Centre releases ₹1.09 lakh crore additional tax devolution instalment to states, enhancing fiscal support for the current year.

The Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled monthly devolution for August. The move…

The Centre has released an additional ₹1.09 lakh crore in tax devolution to states, over and above the regular August instalment due on August 10.