Search For "devolution of taxes"
Grant-in-aid, tax devolution from Centre to States will moderate at 4.5 pc
Updated : 1 year, 7 months ago IST
State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are projected to decline by 6.3 per cent, highlighted a report by NSE.
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Karnataka CM Siddaramaiah invites 8 CMs to discuss unfair devolution of fu
Updated : 1 year, 8 months ago IST
Karnataka Chief Minister Siddaramaiah has written a letter to the Chief Ministers of eight states regarding the unfair devolution of taxes by the Union government.
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Finance Ministry announces additional Rs. 1.39 lakh crore tax devolution t
Updated : 1 year, 11 months ago IST
The additional installment of funds is part of a broader fiscal strategy outlined in the Interim Budget for 2024-25, which has allocated Rs 12,19,783 crore towards the devolution of taxes to states.
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Finance Commission invites suggestions from public on devolution of taxes
Updated : 2 years ago IST
The 16th Finance Commission has invited suggestions/views from the general public, institutions and organisations for the allocation of resources between the centre and states along with the issues relevant to the working of the commission.
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Great injustice to Karnataka: CM Siddaramaiah on devolution of taxes
Updated : 2 years, 1 month ago IST
"In Karnataka, in 2023-24, we all gave 4 lakh 30 thousand crores rupees as taxes from various tax systems. But we are getting only 55 thousand crores. Is it not an injust to Karnataka? That is what we are requesting. There is great injustice to Karnataka so far as devolution of taxes is conc
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Rapid growth of urbanisation in India not matched by urban infra developme
Updated : 3 years, 6 months ago IST
In the 'Report on Municipal Finances' by the Reserve Bank of India (RBI) released recently, it said while the size of the municipal budgets in India is much smaller than peers in other countries, revenues are dominated by property tax collections and devolution of taxes and grants from upper
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Central govt releases Rs 6,195 crores to 14 states as devolution of taxes
Updated : 5 years, 8 months ago IST
New Delhi [India], Septemeber 11 (ANI): The Centre has released Rs 6,195.08 crore to 14 states as the sixth equated monthly instalment of the Post Devolution Revenue Deficit Grant (PDRDG) on Friday as recommended by the 15th Finance Commission.
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