{"id":7222,"date":"2024-06-14T22:09:49","date_gmt":"2024-06-14T16:39:49","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=7222"},"modified":"2025-02-17T11:12:52","modified_gmt":"2025-02-17T05:42:52","slug":"centre-releases-rs-139750-crore-installment-of-tax-devolution-to-states","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/14\/centre-releases-rs-139750-crore-installment-of-tax-devolution-to-states\/","title":{"rendered":"Centre releases Rs. 1,39,750 crore installment of Tax Devolution to States"},"content":{"rendered":"

It has been decided that apart from the regular release of the devolution amount for the month of June 2024, one additional instalment will be released.\u00a0 This release cumulatively amounts to Rs. 1,39,750 crore in the current month<\/strong>. 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 are shown below:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
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
<\/td>\nTOTAL<\/strong><\/td>\n\n

139750.92<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It has been decided that apart from the regular release of the devolution amount for the month of June 2024, one additional instalment will be released.\u00a0 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. The Interim Budget 2024-25 has a …<\/p>\n","protected":false},"author":1,"featured_media":28855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[4321,4322,4320],"class_list":["post-7222","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-national","tag-fiscal-federalism","tag-state-government-finances","tag-tax-allocation-to-states"],"yoast_head":"\nCentre releases Rs. 1,39,750 crore installment of Tax Devolution to States - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"The Centre disburses Rs. 1,39,750 crore as a tax devolution installment to States, fostering fiscal empowerment and equitable development nationwide.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/14\/centre-releases-rs-139750-crore-installment-of-tax-devolution-to-states\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centre releases Rs. 1,39,750 crore installment of Tax Devolution to States - 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