PoliticsPhoto: Hindu BusinessCentre Releases ₹1.09 Lakh Crore Additional Tax Devolution to States
On October 31, 2026, the Centre released an additional tax devolution instalment of ₹1.09 lakh crore to state governments. This is the second additional instalment this financial year, over and above the regular monthly devolution. Currently, 41% of taxes collected by the Centre are devolved to states in 14 instalments annually to support capital spending and development expenditure.
Hindu Business·



