# Centre releases additional Rs 1.09 lakh crore tax devolution to states 2026-08-08T13:55:27+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet New Delhi: The Finance Ministry on Saturday released an additional instalment of tax devolution to state governments amounting to Rs 1.09 lakh crore. This is over and above the normal monthly devolution due on August 10. The Centre currently devolves 41% of its tax collections to states in 14 instalments each fiscal year. The ministry announced the move in a statement on August 1, 2026. The amount is Rs 1,09,019 crore. ## Coverage - thehindu.com Tags: centre-state finance, Finance Ministry, fiscal federalism, Rs 1.09 lakh crore, states, tax devolution Canonical: https://indianopinion.org/centre-releases-additional-rs-1-09-lakh-crore-tax-devolution-to-states/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/centre-releases-additional-rs-1-09-lakh-crore-tax-devolution-to-states/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.