PoliticsPhoto: MintCentre Advances ₹1.09 Trillion Tax Transfer to States for Festival Spending
The Union government released ₹1.09 trillion to states as their share of central taxes, advancing the monthly transfer by five days to support festival season spending and boost capital expenditure. This follows a similar release on 31 October. Uttar Pradesh received the largest share of ₹19,208 crore. The advance aims to strengthen state finances during the extended festival period from Navratri to Christmas.
Mint·


