Odisha gets Rs 5,282.62 Crore as Part of Tax Devolution to States

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Odisha gets Rs 5,282.62 Crore as Part of Tax Devolution to States

By Our Correspondent

BHUBANESWAR: Odisha gets Rs 5,282.62 Crore as Part of Tax Devolution to States. Government releases two instalments of tax devolution to State Governments amounting to Rs 1,16,665.75 crore as against normal monthly devolution of Rs. 58,332.86  crore.

The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665.75  crore on Wednesday , as against normal monthly devolution of Rs..58,332.86  crore.

This is in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure.

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