Centre releases tax devolution of Rs 1327.13 crore for Meghalaya

The Union Government has released tax devolution of Rs 1,73,030 crore to State Governments today, as against the devolution of Rs 89,086 crore in December 2024. A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures. Meghalaya received Rs 1327.13 crore from the above amount under the tax  devolution.