Budget 2023: State-wise allocation of central taxes and duties1 min read . Updated: 01 Feb 2023, 07:40 PM IST
- Uttar Pradesh has received around 18% of the shares of Union Taxes and duties which is the highest among all states and amounts to ₹1,83,237.59 crores
The Union Government has released the statement showing the state-wise distribution of net proceeds of Union Taxes and Duties for Budget Estimates 2023-24. The distribution was conducted according to the recommendation of the 15th Finance Commission which fixed the share of states at 41% of the net proceeds of sharable Central Taxes and Income Tax. The total amount distributed by the centre is ₹10,21,448.16 crore.
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