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The Economic Times
The Economic Times

Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spending

Pradesh the Union Government United States Bihar Uttar Pradesh Madhya Madhya Pradesh

The Union government has released an additional instalment of tax devolution to state governments amounting to Rs 1,09,019 crore on August 1, 2026, the finance ministry said on Saturday. This is over and above the normal monthly devolution scheduled for August 10.

"The Union government has released additional instalment of tax devolution to state governments amounting to Rs 1,09,019 crore on 1st August 2026, which is in addition to the normal monthly devolution to be released on 10th August 2026," the ministry said in a statement.

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