← 1 November 2026's Current Affairs · Economy GA Prelims ★★★★☆ Mains ★★★☆☆
Centre releases ₹4,504 crore additional tax devolution instalment to Karnataka
बातमीत का?
Karnataka gets ₹4,504 crore: the divisible pool and Finance Commission formula GS2 State finance answers need
Karnataka receives ₹4,504 crore of the additional devolution.
Why it matters: factual, Prelims-type
What you need to know
2 मिनिटे
Karnataka's share in the Centre's additional tax devolution instalment to the States is ₹4,504 crore.
The money flows from the divisible pool of Union taxes distributed on the Finance Commission's formula.
स्रोत: Topper IAS editorial (PIB / The Hindu / Indian Express)
महत्त्वाची तथ्ये
Remember these
- Karnataka's share in the Centre's additional tax devolution instalment is ₹4,504 crore
- Money comes from the divisible pool of Union taxes shared with States
- Distribution follows the Finance Commission's formula
- Article 280 provides for the Finance Commission, constituted every five years
- Article 270 governs sharing of Union taxes between the Centre and States
पूर्व · मुख्य
How the exam will ask it
पूर्व
- The Finance Commission is a constitutional body established under Article 280.
- Tax devolution to States is made from the divisible pool of Union taxes, which excludes cesses and surcharges.
- The Finance Commission recommends the share of each State in the net proceeds of shareable taxes using a formula.
मुख्य
GS2 (Federalism) and GS3 (Public Finance): Vertical and horizontal tax devolution under Articles 270 and 280 shape State fiscal capacity. The issue is that States such as Karnataka argue their share and the growing use of cesses and surcharges reduce what they receive. Way forward: keep the divisible pool transparent, limit non-shareable levies and ensure timely, predictable instalments.
Quick recall
Answer before you reveal
The President formally opened the Nashik Kumbh Mela. At Nashik, the Kumbh Mela is held on the banks of the river:
- Narmada
- Godavari
- Shipra
- Krishna
उत्तर पहा
उत्तर: B — Correct: Godavari — Nashik's Kumbh Mela takes place on the Godavari. • Narmada — wrong: The Narmada is not a Kumbh site river. • Shipra — wrong: The Shipra is the river at Ujjain, another Kumbh site, not Nashik. • Krishna — wrong: The Krishna is not associated with any Kumbh Mela site.
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