The Centre has transferred over Rs 3.09 lakh crore to states out of the Rs 10.21 lakh crore that are budgeted for the current fiscal year, according to Pankaj Chaudhary, the Minister of State for Finance. As a response to a question in the Lok Sabha, he explained that there is no pending payment in terms of the amount that needs to be devolved to states from the Centre. The 15th Finance Commission has recommended that states be given 41 per cent of the pool of Centre’s divisible tax during the period of 2021-22 to 2025-26.
Western Carriers shares list at 1% discount over IPO price
Western Carriers Share Price: Proceeds from the fresh issue will be used to repay borrowings, fund capital expenditure towards the purchase of commercial vehicles, containers,