From The Shillong Times
Center Owned by The Shillong TimesState gets Rs 688 cr advance tax devolution for festive season
What's behind this
The Centre advanced its regular tax‑devolution instalment to states, releasing ₹1.09 lakh crore on 5 November 2026 instead of the usual 10 November, to enable states to step up spending during the festive season, the Finance Ministry said.
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left · 1 outlet
The monthly instalment, normally released on November 10, has been advanced and released on 5th November 2026, in view of the festive season, the Finance Ministry said in a statement
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center · 2 outlets
New Delhi, November 5 (MExN): Nagaland has received Rs 524 crore as its regular share of central tax devolution, following the Union government’s advance release of Rs 1,09,019 crore to State governments on November 5.The monthly instalment, normally scheduled for November 10, was released five days…
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right · 2 outlets
NEW DELHI: The Centre has released Rs 1,09,019 crore to the states as its regular tax devolution instalment, advancing a payment that would normally have gone out on November 10 so that states can step up spending in the festive season. "In view of upcoming festive season and to enable states to…
RSS excerpt
SHILLONG, Nov 5: The central government has released Rs 688 crore to Meghalaya as part of the regular instalment of tax devolution, advancing the payment by five days in view of the upcoming festive season. The amount was released on November 5 instead of the scheduled November 10 date. This is part…