Tax Devolution To States
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DMK Backs Siddaramaiah's Proposal To Discuss "Unfair" Sharing Of Taxes
The ruling Dravida Munnetra Kazhagam (DMK) in Tamil Nadu has come out in support of Karnataka Chief Minister Siddaramaiah's proposal to convene a conclave of chief ministers to discuss the "unfair" sharing of taxes with states and fiscal federalism.
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Centre Releases Rs 1.39 Lakh Crore As Tax Devolution To States To Boost Development
In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
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Centre Authorises Release Of Rs 1.39 Lakh Crore Tax Devolution To States For June
The Centre on Monday authorised the release of tax devolution of Rs 1,39,750 crore to states for June.
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Opinion: North-South Row - Why Both Centre & States Need To Course-Correct
The Centre needs to revisit the 'income distance' criterion, which gets a heavy weightage in the computation of tax devolution. Southern states, in turn, need to address their own pain points. It's give some, take some.
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BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
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Centre Devolves Over Rs 3.09 Lakh Crore Sum To States Till July
Of the Rs 3.09 lakh crore net proceeds of shareable union taxes and duties distributed to the states, Central GST collection devolution stood at Rs 94,368 crore till July.
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Centre Releases Rs 1.40 Lakh Crore Tax Devolution Sum To States
The government has released the 14th instalment of tax devolution of more than Rs 1.40 lakh crore to states.
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Centre Releases Tax Devolution Worth Rs 1.16 Lakh Crore To States
The government on Thursday released two instalments of tax devolution to states totalling over Rs 1.16 lakh crore to help accelerate their capital expenditure.
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Government's Tax Devolution May Exceed Budget Estimate In Current Fiscal: Report
The central tax devolution is likely to rise to Rs 9.3 lakh crore in 2022-23 from Rs 8.8 lakh crore in 2021-22
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Centre Releases Two Tax Devolution Instalments To States Worth Rs 95,082 Crore
The two instalments were released against the normal monthly devolution of Rs 47,541 crore which is given to states by the union finance ministry
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Fuel Tax Cut To Hit States By Rs 44,000 Crore In 2021-22, Says ICRA
The states will have to take a hit of approximately Rs 44,000 crore in terms of tax revenue once they reduce value added tax on petrol and diesel
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15th Finance Commission Invites Public Suggestions By June 30
The 15th Finance Commission, set up to recommend the devolution of central pool taxes to states, as well as a fiscal consolidation roadmap for government finances, has invited suggestions from the public, according to the Union Finance Ministry.
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Centre Releases Rs 4 Lakh Crore to States
The Centre accepted the recommendations of the 14th Finance Commission.
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Mamata Banerjee Urges PM to Convene Meeting of All Chief Ministers
West Bengal Chief Minister Mamata Banerjee today urged Prime Minister Narendra Modi to convene a meeting of all chief ministers to settle the issue of devolution of taxes to states and retain subsidies for various development programmes.
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All Flagship Healthcare Programmes to Continue: Centre
Government today said higher devolution of net tax receipts to the states following recommendation of the 14th Finance Commission will not affect the continuance of flagship healthcare programmes.
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DMK Backs Siddaramaiah's Proposal To Discuss "Unfair" Sharing Of Taxes
The ruling Dravida Munnetra Kazhagam (DMK) in Tamil Nadu has come out in support of Karnataka Chief Minister Siddaramaiah's proposal to convene a conclave of chief ministers to discuss the "unfair" sharing of taxes with states and fiscal federalism.
-
Centre Releases Rs 1.39 Lakh Crore As Tax Devolution To States To Boost Development
In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
-
Centre Authorises Release Of Rs 1.39 Lakh Crore Tax Devolution To States For June
The Centre on Monday authorised the release of tax devolution of Rs 1,39,750 crore to states for June.
-
Opinion: North-South Row - Why Both Centre & States Need To Course-Correct
The Centre needs to revisit the 'income distance' criterion, which gets a heavy weightage in the computation of tax devolution. Southern states, in turn, need to address their own pain points. It's give some, take some.
-
BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
-
Centre Devolves Over Rs 3.09 Lakh Crore Sum To States Till July
Of the Rs 3.09 lakh crore net proceeds of shareable union taxes and duties distributed to the states, Central GST collection devolution stood at Rs 94,368 crore till July.
-
Centre Releases Rs 1.40 Lakh Crore Tax Devolution Sum To States
The government has released the 14th instalment of tax devolution of more than Rs 1.40 lakh crore to states.
-
Centre Releases Tax Devolution Worth Rs 1.16 Lakh Crore To States
The government on Thursday released two instalments of tax devolution to states totalling over Rs 1.16 lakh crore to help accelerate their capital expenditure.
-
Government's Tax Devolution May Exceed Budget Estimate In Current Fiscal: Report
The central tax devolution is likely to rise to Rs 9.3 lakh crore in 2022-23 from Rs 8.8 lakh crore in 2021-22
-
Centre Releases Two Tax Devolution Instalments To States Worth Rs 95,082 Crore
The two instalments were released against the normal monthly devolution of Rs 47,541 crore which is given to states by the union finance ministry
-
Fuel Tax Cut To Hit States By Rs 44,000 Crore In 2021-22, Says ICRA
The states will have to take a hit of approximately Rs 44,000 crore in terms of tax revenue once they reduce value added tax on petrol and diesel
-
15th Finance Commission Invites Public Suggestions By June 30
The 15th Finance Commission, set up to recommend the devolution of central pool taxes to states, as well as a fiscal consolidation roadmap for government finances, has invited suggestions from the public, according to the Union Finance Ministry.
-
Centre Releases Rs 4 Lakh Crore to States
The Centre accepted the recommendations of the 14th Finance Commission.
-
Mamata Banerjee Urges PM to Convene Meeting of All Chief Ministers
West Bengal Chief Minister Mamata Banerjee today urged Prime Minister Narendra Modi to convene a meeting of all chief ministers to settle the issue of devolution of taxes to states and retain subsidies for various development programmes.
-
All Flagship Healthcare Programmes to Continue: Centre
Government today said higher devolution of net tax receipts to the states following recommendation of the 14th Finance Commission will not affect the continuance of flagship healthcare programmes.
