Grant-in-aid and tax devolution from centre to states to decline

State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are...

Karnataka CM Siddaramaiah invites 8 CMs over devolution of funds

Karnataka Chief Minister Siddaramaiah has written a letter to the Chief Ministers of eight states regarding the...

FM announces additional Rs. 1.39 lakh crore devolution

The additional installment of funds is part of a broader fiscal strategy outlined in the Interim Budget for 2024-25,...

Sixteenth Finance Commission invites suggestions from public

The 16th Finance Commission has invited suggestions/views from the general public, institutions and organisations...

Great injustice to Karnataka: CM Siddaramaiah on tax devolution

"In Karnataka, in 2023-24, we all gave 4 lakh 30 thousand crores rupees as taxes from various tax systems. But we...

'Urban rapid growth not accompanied by rise in urban infra'

In the 'Report on Municipal Finances' by the Reserve Bank of India (RBI) released recently, it said while the size...

Central govt releases Rs 6,195 crores to 14 states as...

New Delhi [India], Septemeber 11 (ANI): The Centre has released Rs 6,195.08 crore to 14 states as the sixth equated...