Tax Devolution
Centre devolved INR 5.3 tln to states as share in taxes till Aug 11 in FY26
This story was originally published at 14:42 IST on 19 August 2025
Register to read our real-time news.Informist, Tuesday, Aug. 19, 2025
--Fin min: Gave states INR 5.301 tln as share in taxes till Aug 11 in FY26
NEW DELHI – The Centre has devolved INR 5.301 trillion to states as share in taxes till Aug. 11 in 2025-26 (Apr-Mar), Minister of State for Finance Pankaj Chaudhary said in a written response to a question in Rajya Sabha Tuesday.
The total transfer to states till Aug. 11 translates to 37.3% of the full year's aim of INR 14.224 trillion. The 15th Finance Commission has recommended sharing 41% of central taxes with the states. Typically, the devolution is released to states in 14 equal instalments.
According to data from the Controller General of Accounts, the Centre transferred INR 3.27 trillion to states in Apr-Jun. End
Reported by Priyasmita Dutta
Edited by Ashish Shirke
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
