Union Budget: AP To Get Rs 34,000 Crores And Rs 19,000 Crores For Telangana

New Delhi: The Union Budget announced on Thursday allocates Rs 33,929.84 crores for Andhra Pradesh as part of the state's share of the Central taxes. The amount stands at 19,207.43 crores for Telangana.

It may be recalled that each year, the Central government allocates certain amount from the central taxes to each state. The 14th Finance Commission, in the current year, earmarked 42 percent of that collected tax to be distributed to the states as their share.

The following is the break-up of the share that AP and Telangana are allocated.

Andhra Pradesh

Corporate Tax - Rs 9,526 croreIncome Tax - Rs 8,430 croreCentral GST - Rs 10,919 croreCustoms - Rs 1,671 croreCentral Excise - Rs 1,628 crore

When compared to 2016-17, the total is a deficit of Rs 849 crore

Telangana

Corporate Tax - Rs 5,381 croreIncome Tax - Rs 4,772 croreCentral GST - Rs 6,181 croreCustoms - Rs 946 croreCentral Excise - Rs 946 crore

When compared to 2016-17, the total is a deficit of Rs 481 crore