Government releases two instalments of tax devolution to State Governments amounting to Rs 1,16,665.75 crore as against normal monthly devolution of Rs. 58,332.86 crore

The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665.75  crore on 10th August, 2022, as against normal monthly devolution of Rs..58,332.86  crore.

This is in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure.

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

State-wise distribution of Net Proceeds of Union Taxes and Duties for August 2022

Sl. No

Name of State

Total (Rs. Crore)

1

Andhra Pradesh

4,721.44

2

Arunachal Pradesh

2,049.82

3

Assam

3,649.30

4

Bihar

11,734.22

5

Chhattisgarh

3,974.82

6

Goa

450.32

7

Gujarat

4,057.64

8

Haryana

1,275.14

9

Himachal Pradesh

968.32

10

Jharkhand

3,858.12

11

Karnataka

4,254.82

12

Kerala

2,245.84

13

Madhya Pradesh

9,158.24

14

Maharashtra

7,369.76

15

Manipur

835.34

16

Meghalaya

894.84

17

Mizoram

583.34

18

Nagaland

663.82

19

Odisha

5,282.62

20

Punjab

2,108.16

21

Rajasthan

7,030.28

22

Sikkim

452.68

23

Tamil Nadu

4,758.78

24

Telangana

2,452.32

25

Tripura

826

26

Uttar Pradesh

20,928.62

27

Uttarakhand

1,304.36

28

West Bengal

8,776.76

 

Total

1,16,665.72

 

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