Question
How much tax devolution has the Centre released to
states to boost capital expenditure and welfare activities?Solution
The Centre has released ₹1.73 lakh crore as tax devolution to states, nearly double the amount released in December 2024. This is aimed at boosting the financial capacity of states to undertake developmental and welfare activities. Approximately 41% of the taxes collected by the Centre are devolved to states during the fiscal year.
In which town is India's largest reclining statue of Lord Buddha currently under construction, with dimensions of 100 feet in length and 30 feet in height?
Which country is ranked at the top of the FIFA rankings?
Premium Payroll Package for the Salary account holders with competitive features has been introduced to meet all Banking requirements of Salaried Cust...
In which of the following state 'Doctor Apke Dwar' project was started ?
Who has been roped as the New Managing Director of Delhi Metro Rail Corporation (DMRC)?
The Reserve Bank of India (RBI) has imposed a monetary penalty of ____ on Canara Bank for violation of various norms.
The Gorakhpur atomic power project, North India’s 1st, is planned to be developed in which state?
What was the focus of the Defence Acquisition Council's (DAC) latest approval worth ₹21,772 crore?
The Pradhan Mantri Matsya Sampada Yojana (PMMSY) aims to develop which sector?
Microsoft has announced to set up its fourth data centre in India in ______________. It will be one of the largest data centres in India and will be op...