New Delhi | August 1, 2026
The Ministry of Finance has released an early tax devolution installment of ₹1,09,019 crore to State Governments on August 1, 2026, providing a significant liquidity boost to help states accelerate capital spending and developmental infrastructure projects.
This additional disbursement comes ahead of the regular monthly devolution scheduled for August 10, 2026. Under the net proceeds distribution, Uttar Pradesh received the highest allocation at ₹19,208 crore, followed by Bihar (₹10,845 crore), Madhya Pradesh (₹8,010 crore), West Bengal (₹7,866 crore), and Maharashtra (₹7,022 crore).
State-Wise Allocation of Tax Devolution (August 1, 2026)
| State | Amount (₹ in Crore) | State | Amount (₹ in Crore) |
| Uttar Pradesh | 19,208 | Chhattisgarh | 3,602 |
| Bihar | 10,845 | Assam | 3,552 |
| Madhya Pradesh | 8,010 | Kerala | 2,597 |
| West Bengal | 7,866 | Telangana | 2,370 |
| Maharashtra | 7,022 | Punjab | 2,176 |
| Rajasthan | 6,460 | Haryana | 1,484 |
| Odisha | 4,819 | Arunachal Pradesh | 1,476 |
| Andhra Pradesh | 4,597 | Uttarakhand | 1,244 |
| Karnataka | 4,504 | Himachal Pradesh | 996 |
| Tamil Nadu | 4,466 | Tripura | 699 |
| Gujarat | 4,094 | Meghalaya | 688 |
| Jharkhand | 3,660 | Manipur | 682 |
(Note: Other states allocated include Mizoram ₹615 cr, Nagaland ₹524 cr, Goa ₹398 cr, and Sikkim ₹365 cr.)
Key Information & Fiscal Impact
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Total Allocation: ₹1,09,019 Crore
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Release Nature: Advance installment ahead of regular August 10 devolution
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Primary Objective: Enhance state liquidity for capital expenditure (CapEx) and socio-economic infrastructure
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Top Recipient: Uttar Pradesh (₹19,208 crore / ~17.6% of total)
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Issuing Authority: Department of Expenditure, Ministry of Finance (PIB Delhi release)
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Domain: Public Finance, Intergovernmental Fiscal Transfers & State Macroeconomics
