Centre releases Rs 1088 Cr to Meghalaya as tax devolution

Syllad | The Rising MeghalayaMarch 10, 2023

The Centre has released Rs 1088 crore to Meghalaya as tax devolution.

The Union government has released 14th instalment of tax devolution to State Governments amounting to Rs 1,40,318 crore on Friday, as against normal monthly devolution of Rs 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.