41% share of taxes devolved to States, estimated at Rs 25.44 lakh crore for coming year: Sitharaman in Lok Sabha
Feb 11, 2026
"In the coming year, the States' share is estimated at Rs 25.44 lakh crore, which is devolved to them, an increase of Rs 2.7 lakh crore from last year," she said while replying to the debate in the Lok Sabha on the Union Budget 2026-27. She cited the 16th Finance Commission and said it had analysed the devolution of funds from 2018 to 2023 and concluded that the Centre's transfers to states during each of those years exactly matched the Commission's recommendations.