Home » Business » 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

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

Odisha receives Rs 5,282.62 crore for August 2022

Newdelhi:10/8/22:The Union Government has released two installments of tax devolution to State Governments amounting to Rs. 1,16,665.75  crore on 10th August, 2022, 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.

State-wise breakup of amounts released is given below in the table:

State-wise distribution of Net Proceeds of Union Taxes and Duties for August 2022

Sl. No Name of State Total (Rs. Crore)
1 Andhra Pradesh 4,721.44
2 Arunachal Pradesh 2,049.82
3 Assam 3,649.30
4 Bihar 11,734.22
5 Chhattisgarh 3,974.82
6 Goa 450.32
7 Gujarat 4,057.64
8 Haryana 1,275.14
9 Himachal Pradesh 968.32
10 Jharkhand 3,858.12
11 Karnataka 4,254.82
12 Kerala 2,245.84
13 Madhya Pradesh 9,158.24
14 Maharashtra 7,369.76
15 Manipur 835.34
16 Meghalaya 894.84
17 Mizoram 583.34
18 Nagaland 663.82
19 Odisha 5,282.62
20 Punjab 2,108.16
21 Rajasthan 7,030.28
22 Sikkim 452.68
23 Tamil Nadu 4,758.78
24 Telangana 2,452.32
25 Tripura 826
26 Uttar Pradesh 20,928.62
27 Uttarakhand 1,304.36
28 West Bengal 8,776.76
  Total 1,16,665.72

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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