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Centre Releases Additional Rs 1.09 Lakh Crore Tax Devolution To States
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The central government released an additional Rs 1.09 lakh crore to states as tax devolution.
Tax devolution is the states' constitutionally mandated share of the Centre's divisible tax pool.
This provides untied revenue for state governments, allowing flexible spending.
The release is in addition to regular devolution, likely to help states manage finances.
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Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani