Meghalaya receives Rs 1327.13 Cr as tax devolution

Syllad | The Rising MeghalayaJanuary 10, 2025

Meghalaya has received over Rs 1327.13 crore as tax devolution on Friday.

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.