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Centre releases two installments of tax devolution to State Governments amounting to Rs. 95,082 crore as against normal monthly devolution of Rs. 47,541 crore

Rs. 95,082 crore of Tax devolution to strengthen fiscal space of States

As promised by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman after the virtual meeting with Chief Ministers, State Finance Ministers, and Lt. Governors of UTs to step up investment, infrastructure, and growth on 15th November 2021, the Government of India has released two installments of tax devolution to State Governments amounting to Rs. 95,082 Crores on 22nd November 2021, as against normal monthly devolution of Rs. 47,541 Crores.

Centre releases Tax Devolution instalments of Rs. 95,082 crore to State Governments

State-wise breakup of amounts released given below in the table:

Sl. No.

State

Amount released

(In crore)

1

Andhra Pradesh

3847.96

2

Arunachal Pradesh

1670.58

3

Assam

2974.16

4

Bihar

9563.30

5

Chhattisgarh

3239.54

6

Goa

367.02

7

Gujarat

3306.94

8

Haryana

1039.24

9

Himachal Pradesh

789.16

10

Jharkhand

3144.34

11

Karnataka

3467.62

12

Kerala

1830.38

13

Madhya Pradesh

7463.92

14

Maharashtra

6006.30

15

Manipur

680.80

16

Meghalaya

729.28

17

Mizoram

475.42

18

Nagaland

541.02

19

Odisha

4305.32

20

Punjab

1718.16

21

Rajasthan

5729.64

22

Sikkim

368.94

23

Tamil Nadu

3878.38

24

Telangana

1998.62

25

Tripura

673.32

26

Uttar Pradesh

17056.66

27

Uttarakhand

1063.02

28

West Bengal

7152.96

 

TOTAL

95,082.00

State-wise distribution of Net Proceeds of Union Taxes and Duties for November 2021

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