Centre

June 11, 2024 9:12 AM

Centre releases over Rs 1.39 lakh crore in tax devolution to support state finances & development

The Centre has announced the release of a significant installment of one crore thirty-nine thousand 750 crore rupees in tax devolution to states. The Finance Ministry said yesterday that the release, which includes both the regular allocation for June and an additional installment, is aimed at bolstering state government capacity to accelerate development and capital expenditure. It further said that as of today, the total amount devolved to states for the fiscal year 2024-25 stands at t...

NDA parliamentary party to meet today ahead of formation of a new government at Centre

As the National Democratic Alliance (NDA) gears up to form the government, political activity has gained momentum in the national capital with leaders of the BJP and JD(U) holding separate meetings. Today (Friday), the NDA parliamentary party meeting will take place in New Delhi. Newly elected MPs of BJP, TDP, JD(U), LJP (R), Shiv Sena (Shinde Faction), JD(S), and other constituent parties of NDA will attend the meeting. A JD(U) Parliamentary party meeting is also scheduled to be held this mor...