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Centre sanctions Rs 46,038.70 cr as states’ shares in taxes for May

Byindianadmin

May 20, 2020 #shares, #taxes
Centre sanctions Rs 46,038.70 cr as states’ shares in taxes for May

NEW DELHI: The finance ministry on Monday said it has sanctioned Rs 46,038.70 crore for May instalment of devolution of states’ share in central taxes and duties.

“These releases, similar to April releases, have been calculated based on tax receipts projected in Budget 2020-21 & not as per actua

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