PoliticsMoneycontrol
Centre releases Rs 1,09,019 crore tax devolution to states as advance instalment
in5points
The Union government released Rs 1,09,019 crore as an advance instalment of tax devolution to states.
The amount is based on the formula recommended by the Finance Commission.
The release is an advance instalment, ahead of the scheduled payment.
Story angle
Center-right
L
CL
C
CR
R
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Moneycontrol
Center-right
Mixed factuality
