The August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up capital expenditure and roll out public programmes.

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.