India Releases ₹1,09,019 Crore in Tax Devolution to State Governments

On 5 November, the Union Government released ₹1,09,019 crore to state governments to support capital expenditure and development-related spending ahead of the festive season. The allocation creates opportunities in public finance, infrastructure funding and investment planning. HPC can support financial modelling, project-finance advisory and public-sector investment analysis.

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