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.
Centre releases tax devolution of Rs 1327.13 crore for Meghalaya
