Advance Tax Devolution

Imphal, August 2: The Government of India has released an advance tax devolution of ₹682 croreto Manipur as part of a nationwide allocation of ₹1,09,019 crore, aimed at supporting states in accelerating capital expenditure and infrastructure development. According to the Ministry of Finance, the advance release is in addition to the regular monthly tax devolution scheduled for August 10, 2026. The special allocation is…