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DEVOLUTION/ GRANT- IN -AID (GIA):-

 

            Devolution/Grant-in-Aid (GIA) is received from the Finance Department at the rate of 10% out of collection of taxes viz; State Excise, VAT, passengers/goods and entertainment taxes on the recommendations of State Finance Commission w.e.f. 2004-05.

 

            The details of funds released under Devolution grants in favour of Urban Local Bodies (ULB’s) w.e.f 2008 is given at Annexure below:-

ANNEXURE