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Centre releases Rs 1.09 lakh crore to states, advances August tax devolution

Posted on August 1, 2026
By Business News Today
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Centre releases Rs 1.09 lakh crore to states, advances August tax devolution

The August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up capital expenditure and roll out public programmes.