New Delhi, Oct 1 (NationPress) In the spirit of the festive season, the Union government has allocated an additional tax devolution of Rs 1,01,603 crore to state governments, as announced by the Finance Ministry on Wednesday.

This sum is over and above the regular monthly devolution scheduled for release on October 10.

The ministry indicated that this decision was made to support states in boosting capital expenditure and to fund their development and welfare initiatives during the festive period.

Among the states, Uttar Pradesh, being the most populous, received the largest share at Rs 18,227 crore, followed by Bihar with Rs 10,219 crore, Madhya Pradesh at Rs 7,976 crore, West Bengal at Rs 7,644 crore, Maharashtra with Rs 6,418 crore, and Rajasthan at Rs 6,123 crore.

Other states such as Andhra Pradesh with Rs 4,112 crore, Odisha at Rs 4,601 crore, Tamil Nadu with Rs 4,144 crore, Karnataka at Rs 3,705 crore, and Jharkhand with Rs 3,360 crore also benefited from this additional tax devolution.

Previously, the Finance Ministry reported that the Centre had disbursed Rs 4,28,544 crore to state governments from April to July as tax devolution, which is Rs 61,914 crore more than the previous year.

During the same timeframe, the Central government collected Rs 10,95,209 crore, which represents 31.3 percent of the budget estimates for 2025-26.

Out of this, Rs 6,61,812 crore was net tax revenue, Rs 4,03,608 crore was non-tax revenue, and Rs 29,789 crore was from non-debt capital receipts.

Total expenditure by the union government during this period was Rs 15,63,625 crore, accounting for 30.9 percent of the budget estimates for 2025-26.

From this amount, Rs 12,16,699 crore was spent on the revenue account, while Rs 3,46,926 crore was allocated to the capital account for large infrastructure projects.

Interest payments accounted for Rs 4,46,690 crore of the total revenue expenditure, with major subsidies comprising Rs 1,13,592 crore.