Centre doubles November tax devolution amount for states

The Centre will release Rs 95,082 crore to states onn November 22 as tax devolution amount, finance minister Nirmala Sitharaman announced on Monday. Briefing the media after a virtual meeting with chief ministers and finance ministers of different states, Sitharaman said states had said that it would be helpful for them if the tax devolution is front loaded.

from Times of India https://ift.tt/3qFhxS1