From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.Centre releases in advance ₹1.09 lakh cr. tax devolution to states
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 · 3 outlets
New Delhi, November 5 (IANS): The Central government on Thursday released the regular instalment of tax devolution worth Rs 1,09,019 crore to state governments, ahead of the normal release date on November 10 in view of the festive season and Diwali."In view of upcoming festive season and to enable…
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right · 5 outlets
On November 5, 2026, the Centre released over Rs 1.09 lakh crore to state governments in advance. This release is typically done on November 10 each year, but it was advanced this time. The finance ministry stated that this advance supports states in boosting capital expenditures. The advance aims…
RSS excerpt
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
