Budget 2023: State-wise allocation of central taxes and duties

 

• Uttar Pradesh has received about 18% share of central taxes and duties which is the highest among all states amounting to ₹1,83,237.59 crore

The Union Government has released a statement showing the state-wise distribution of net proceeds of central taxes and duties for the Budget Estimates 2023-24. The distribution was organized according to the recommendation of the 15th Finance Commission, which fixed the states' share at 41% of the net proceeds of shareable central taxes and income tax. The total amount disbursed by the Center is ₹10,21,448.16 crore.

Uttar Pradesh has received about 18% share of central taxes and duties which is the highest among all the states and amounts to ₹1,83,237.59 crore. The second largest share has gone to Bihar which got ₹1,02,737 crore.

Madhya Pradesh and West Bengal are the next two states among the highest achievers. Madhya Pradesh with a share of 7.85% has received ₹80,183.67 crore while West Bengal with 7.52% has received ₹76,843.55 crore. The states are followed by Maharashtra and Rajasthan, which have received ₹64,524.88 crore and ₹61,552.47 crore, respectively.

Tamil Nadu and Andhra Pradesh are the two southern states which received almost the same amount which was ₹41,664.86 and ₹41,338.02 crore. Apart from this, the share of Odisha is also about 4% and the amount received by the state is ₹46,251.18 crore.

There are five states that have received about 3% of the total share in central taxes and these are Assam ₹31,950.89 crore, Chhattisgarh ₹34,800.73 crore, Gujarat ₹35,525.96 crore, Jharkhand ₹33,779.29 crore and Karnataka ₹37,252.21 crore meet.

Telangana has received about 2% share and this amount is estimated at ₹21,470.84 crore.

Five states got a share of about 1%, with Arunachal Pradesh getting ₹17,946.84 crore, Haryana ₹11,164.43 crore, Kerala ₹19,662.88 crore, Punjab ₹18,457.57 crore and Uttarakhand ₹11,419.78 crore.

States that received less than 1% include Goa ₹3,942.78 crore, Himachal Pradesh ₹8,478.02 crore, Manipur ₹7,313.57 crore, Meghalaya ₹7,834 crore, Mizoram ₹5,107.25 crore, Nagaland ₹5,812.05 crore, Sikkim ₹3,963.23 crore and Tripura ₹7,231.85 crore.