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02 Aug 2026
ગુજરાતી मराठी ਪੰਜਾਬੀ বাংলা
Centre Devolves ₹3,660 Crore Advance Tax to Jharkhand
📷 Image: Wikimedia Commons / Prime Minister's Office
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Centre Devolves ₹3,660 Crore Advance Tax to Jharkhand

✍️ timesofindia.indiatimes.com 🗓 02 Aug 2026, 11:05 AM 👁 3

The Union government has transferred ₹3,660 crore as advance tax to the state of Jharkhand, boosting its fiscal resources.

The Union government has announced a transfer of ₹3,660 crore to Jharkhand as part of the advance tax devolution scheme.
The amount is expected to strengthen the state’s budget and support development projects.
The transfer follows the guidelines of the Finance Commission and the central government’s fiscal policy.
Officials from the state’s finance department welcomed the move, noting it will help meet fiscal targets.
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