The Indian government has announced an additional tax devolution of ₹1,09,019 crore to state governments on August 1, 2026.The move is aimed at bolstering state finances and accelerating capital and developmental expenditure across the country.The release comes ahead of the regular monthly devolution scheduled for August 10, 2026.
India Announces Additional Tax Devolution Worth ₹1,09,019 Crore to State Governments
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Publisher: Newsbytes
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