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From The Morung Express

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Centre releases tax devolution worth Rs 1,09,019 crore to states in advance ahead of Diwali

Centre releases tax devolution worth Rs 1,09,019 crore to states in advance ahead of Diwali

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.

AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.

RSS excerpt

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…

✓ High Corroboration ⚡ Cross-Spectrum Consensus 8 news outlets reporting

Fact-Check & Bias Analysis

Confirmed by multiple independent newsrooms across the political spectrum.

Coverage Bias Distribution

Based on 8 reporting publishers
Left / Center-Left 1 (12%)
Center 2 (25%)
Center-Right / Right 5 (63%)

Compare all reporting outlets (8)

The Morung Express Center Current article

Centre releases tax devolution worth Rs 1,09,019 crore to states in advance ahead of Diwali

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…

Read full article at The Morung Express ↗
The Economic Times Center-Right Bennett, Coleman & Co.

Centre advances November tax devolution, releases Rs 1.09 lakh crore to states ahead of festive season

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…

Compare on Varta → Read at The Economic Times ↗

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