Hyderabad, Nov. 1: The Central Government has released an additional Rs. 2,370 crore to Telangana as part of an advance tax devolution installment to states.
The Union Finance Ministry has decided to release a total of Rs. 1,09,019 crore to states. This amount is in addition to the regular monthly tax devolution.
The additional instalment is intended to support states in meeting their expenditure requirements during the festive season.
Telangana Among States Receiving Additional Tax Funds
Telangana will receive Rs. 2,370 crore from the total allocation, according to the information provided.
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The advance release will provide additional financial resources to states alongside their usual monthly share of central taxes.
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