Central Government Disburses ₹4,504 Crore Additional Tax Devolution to Karnataka

The central government has released an additional instalment of <b>₹4,504 crore</b> in tax devolution to the state of <b>Karnataka</b>, as announced by the Ministry of Finance on Thursday. This payment follows the earlier disbursement of ₹2,000 crore, part of the annual tax devolution scheme that redistributes central revenue to states. The additional amount is intended to support Karnataka's infrastructure and welfare programmes, ensuring timely allocation of funds for state budgets. The disbursement is expected to ease fiscal pressures and aid ongoing development projects across Karnataka.