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March 11, 2023

Union Government releases 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore

Union Government releases 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore

The Union Government has released 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore today, as against normal monthly devolution of ₹70,159 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 March 2023

SI. NoName of StateTotal ( Rs. Crore )
1ANDHRA PRADESH5474
2ARUNACHAL PRADESH2491
3ASSAM4417
4BIHAR14232
5CHHATTISGARH4827
6GOA549
7GUJRAT4929
8HARYANA1546
9HIMACHAL PRADESH1177
10JHARKHAND4681
11KARNATAKA5125
12KERALA2705
13MADHYA PRADESH11108
14MAHARASHTRA8954
15MANIPUR1009
16MEGHALAYA1088
17MIZORAM705
18NEGALAND802
19ODISHA6399
20PUNJAB2561
21RAJASTHAN8535
22SIKKIM545
23TAMIL NADU5769
24TELANGANA2682
25TRIPURA1003
26UTTAR PRADESH24783
27UTTARAKHAND1583
28WEST BANGAL10642
 Grand Total140318

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