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MoneyWireTax Devolution: Centre devolved INR 5.3 tln to states as share in taxes till Aug 11 in FY26
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
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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

 

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