Andhra to Get Rs 78k-Cr Tax Share

Published: 08th April 2015 05:59 AM  |   Last Updated: 08th April 2015 05:59 AM   |  A+A-

NARSAPUR:The Union government will sanction an amount of Rs  78,587 crore towards various taxes to Andhra Pradesh in the ensuing five years. It has already released Rs  6.701 crore in the month of March to the state government, Union minister for commerce Nirmala Sitaraman has said.

In this financial year, the Centre is ready to pay an amount of Rs 8,945 crore towards share of taxes, even as it released Rs 500 crore for construction of Raj Bhavan, Rs  100 crore for Godavari ‘Maha Pushaakarams’, Rs  1,300 crore towards Resource Gas account, Rs 295 crore for development of special areas, Rs  1,000 crore for the construction of new capital and Rs  250 crore for Indira Sagar Project, she told reporters here.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp