West Bengal gets ₹7,866 crore in additional central tax share
The Centre says West Bengal received ₹7,866 crore in an additional tax-sharing instalment on October 31, alongside the regular monthly devolution.
The story in brief
Finance Ministry: The Finance Ministry lists a nationwide release of ₹1,09,019 crore to states. It describes this as the second additional instalment in the current financial year, rather than a replacement for the normal monthly transfer.1 Finance Ministry: Tax devolution means distributing states’ share of central tax revenue. The ministry says the advance release is intended to help states accelerate capital spending and fund development or welfare expenditure during the festive season.1
Context: For Bengal residents, this is a transfer to the state government, not an application-based cash benefit. The release does not identify which West Bengal projects will receive the money or announce a new household payment.
Who this matters for: West Bengal residents following state finances
Sources
- 1Additional tax devolution to states on October 31, 2026 ↗Government of India / Press Information Bureau · 31 October 2026
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