FinMin releases ₹45,000 crore to States as additional devolution on buoyant Q4 revenue mop-up
The Hindu
The Finance Ministry on Thursday said it has released ₹45,000 crore to the States as additional devolution in the 2020-21 fiscal following revenue buoyancy in the March quarter.As per the Revised Esti
The Finance Ministry on Thursday said it has released ₹45,000 crore to the States as additional devolution in the 2020-21 fiscal following revenue buoyancy in the March quarter. As per the Revised Estimates for 2020-21, ₹5,49,959 crore, being 41 per cent of the shareable pool of taxes and duties were estimated to be released to the states. However, the Finance Ministry has devolved an amount of ₹5,94,996 crore, based on the initial estimates of the shareable pool that would be collected in 2020-21, the ministry said in a statement.More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.