New Delhi, Nov 01: The Union Government has released additional instalment of tax devolution to State Governments amounting to Rs. 1,09,019 crore on 31st October 2026, which is in addition to the regular monthly devolution. This is the second additional instalment in this financial year.
This release is in view of the upcoming festive season and to enable States to accelerate capital spending, and also to finance their development and welfare related expenditure.
