Centre advances a tax devolution instalment of Rs 1,09,019 crore to 28 States for the festive season

5 November 2026

The Union Finance Ministry released a regular instalment of tax devolution to the States on 5 November 2026. The amount is Rs 1,09,019 crore and it went to 28 States. The instalment was due on 10 November, but the Ministry paid it five days early because of the festive season. The Ministry said the money should help States speed up capital spending and meet development and welfare costs. Uttar Pradesh received the largest share at Rs 19,208 crore, followed by Bihar with Rs 10,845 crore and Madhya Pradesh with Rs 8,010 crore. Sikkim received the smallest share, Rs 365 crore. Tax devolution is the States' share of the taxes the Union Government collects, and it is untied money the States may spend as they choose.