Searched for
TAX DEVOLUTION FORMULA
Finance Minister Nirmala Sitharaman lays 16th Finance Commission report in Lok SabhaFinance Minister Nirmala Sitharaman presented the 16th Finance Commission report in the Lok Sabha. This report outlines tax revenue devolut...- Budget 2026 to incorporate recommendations of 16th Finance CommissionThe Union Budget 2026 will include recommendations from the 16th Finance Commission. This constitutional body has submitted its report on t...
- Modi govt denies 'special category' status to BiharThe central government has rejected Bihar's request for 'special status'. According to government sources, no additional states are eligibl...
- Centre oks Rs 1.42 lakh crore tax devolution to statesThe Centre approved the release of two installments of tax devolution amounting to ₹1.42 lakh crore to 28 states for social welfare and inf...
- 15th Finance Commission submits report to Finance Minister Nirmala SithatramanThe report titled ‘Finance Commission in Covid Times’, will be laid on the table in the House of Parliament by the finance minister along w...
- Don't read 41% share for states from divisible tax pool as 'reduction': FM"42 per cent was the devolution formula based on the Finance Commission's recommendations as states' share but when there is one less state...
- Fiscal deficit range rather than a point is need of the hour for India, says NK SinghIn November, the 15th FC had submitted its final report for the five year period from FY22-26 which included recommendations of a roadmap t...
- Dividing the Pie: The debate between Budget 2020 and 15th Finance Commission over sharing financesStates contribute funds to the Centre by levying central taxes & receive funds from Centre in different ways.
- K'taka CM seeks special central funding for BengaluruHe called for upgradation of facilities in urban local bodies in view of the increasing urbanisation due to migration from rural areas.
- Economists highlight need for reducing Centre, state debt; call for new means to garner revenueDuring their meeting with the 15th Finance Commission Wednesday, 12 economists also made a case for improving the quality of budgeting.
- 14th Finance Commission's tax formula a big let down: Bihar CM Nitish KumarWhile accepting the Finance Commission's recommendations, the Centre has done away with the other source of funding which were made availab...
- Puducherry CM N Rangasamy seeks 'clear formula' for devolution of Central fundsRangasamy sought waiver of loan and interest thereto totalling Rs 3,400 crore remaining outstanding from UT to Centre as debt burden had be...
- Budget bounty for states? Finance Commission recommends more financial flexibilityWhile the recommendations have not been made public, it is believed the commission has proposed a hefty jump in total transfer to states th...
- Naveen Patnaik demands raising tax devaluation to 50 per centNaveen Patnaik today demanded rise in the existing level of tax devolution to the states from 32 per cent of tax receipts of the Centre to ...
- Revise formula for devolution of Central funds to states: BadalBadal today said the Centre should "impartially" disburse the taxes collected from states to ensure overall development of the country.
- Gujarat State Finance Commission working on formula for financial devolutionLocal taxes like professional tax, entertainment tax, education cess, water tax and surcharge on stamp duty constitute 25-45% of the revenu...
- 'Incentives for fund transfers new this time'Indira Rajaraman, member of the commission, decodes the report and details what it has it on store for the nation.
- Com Min approaches Finance panel on state levies on exportsCommerce Ministry has asked the 13th Finance Commission to evolve a scheme for reimbursing exporters the state level taxes, which add 3-12 ...
- Fiscal deficit may rise as confusion on service tax prevailsThe price of dither is going to be a higher fiscal deficit for the Centre.
- Goa wants divisible pool of central taxes to be raised to 45%Goa Chief Minister Manohar Parrikar suggested to the Twelfth Finance Commission(TFC) that the divisible pool of central taxes be raised to ...
Load More
