Tag: Tax Devolution

In a statement, the Union Finance Ministry said that the two installments have been released as against the normal monthly devolution of Rs 58,332.86 crore.

The government has already released back-to-back loan amounting to Rs 1.59 lakh crore to state governments in lieu of GST Compensation shortfall in FY 2021-22.

Bhubaneswar: After showering praise for Rail Budget; the ruling BJD today said it will protest the cut in tax devolution to States in the Parliament. Citing that Odisha stands to lose around Rs 4600 crore due the announced provisions of the budget, the BJD has trained its guns at the Central government and said that […]