In view of the forthcoming festivities and the New Year, the Union Government has authorized the release of an additional installment of tax devolution amounting to ₹72,961.21 crore to strengthen the hands of State Governments for financing various social welfare measures and infrastructure development schemes.
This installment is in addition to the tax devolution installment due to States on 10 January 2024 and the installment of ₹72,961.21 crore already released on 11 December 2023.
The breakup of tax dividends to each state is as follows: —
Andhra Pradesh – 2952.74
Arunachal Pradesh – 1281.93
Assam – 2282.24
Bihar – 7338.44
Chhattisgarh – 2485.79
Goa – 281.63
Gujarat – 2537.59
Haryana – 797.47
Himachal Pradesh – 605.57
Jharkhand – 2412.83
Karnataka – 2660.88
Kerala – 1404.50
Madhya Pradesh – 5727.44
Maharashtra – 4608.96
Manipur – 522.41
Meghalaya – 559.61
Mizoram – 364.80
Nagaland – 415.15
Odisha – 3303.69
Punjab – 1318.40
Rajasthan – 4396.64
Sikkim – 283.10
Tamil Nadu – 2976.10
Telangana – 1533.64
Tripura – 516.56
Uttar Pradesh – 13088.51
Uttarakhand – 815.71
West Bengal – 5488.88
TOTAL – 72961.21 Crores
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