Centre releases ₹1.39 lakh crore to States
The Centre approved the disbursement of ₹1,39,750 crore in tax devolution to the states for June, including an additional instalment for accelerated development. This will enable state governments to enhance development and capital spending.
The interim budget 2024-25 includes a provision of ₹12,19,783 crore towards the devolution of taxes to states.
Finance Minister Nirmala Sitharaman, along with Finance Secretary T. V. Somnathan and Economic Affairs Secretary Ajay Seth, reviewed the economic and fiscal situation before deciding on the additional instalment.
Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in the competitive…
World Basketball Day 2025 highlights the remarkable journey of basketball from a simple indoor game…
The United Nations marked the second World Meditation Day on the 21st December with a…
The Winter Solstice 2025 occurs on Sunday, December 21 marking the shortest day and longest…
The Haryana State Assembly has unanimously passed a resolution to mark the 350th martyrdom year…
Every country has something special that makes it famous around the world. Some are known…