Karnataka CM meets 16th Finance Commission Chairman, seeks balanced approach to tax devolution

Karnataka CM meets 16th Finance Commission Chairman, seeks balanced approach to tax devolution

Follow Us on Google News Bengaluru, June 13 (IANS) Karnataka Chief Minister Siddaramaiah met with the Chairman of the 16th Finance Commission, Dr Arvind Panagariya, and the members of the Commission on Friday in New Delhi to present the State’s concerns, expectations, and proposals regarding tax devolution and transfers to the State from the Centre. … Read more

Centre okays additional Rs 81,735 crore as tax devolution to states: FM Sitharaman

Centre okays additional Rs 81,735 crore as tax devolution to states: FM Sitharaman

Follow Us on Google News New Delhi, May 30 (IANS) The Centre has approved an additional instalment of Rs 81,735 crore as tax devolution to the state governments, which will be released on June 2, Finance Minister Nirmala Sitharaman said on Friday. In her address at the Lakshmipat Singhania-IIM, Lucknow National Leadership Awards in the … Read more

Finance commission visit: Maha bats for hike in tax revenue devolution to 50 pc

Finance commission visit: Maha bats for hike in tax revenue devolution to 50 pc

Follow Us on Google News Mumbai, May 8 (IANS) The Maharashtra government on Thursday made a strong pitch before the visiting 16th Finance Commission, led by Arvind Panagariya, to enhance the tax revenue devolution from 41 per cent to 50 per cent of the divisible pool. The government has also demanded the merger of cesses … Read more

Tripura demanded 20pc devolution of taxes in forests and ecology category: CM Saha

Tripura demanded 20pc devolution of taxes in forests and ecology category: CM Saha

Agartala, Jan 31 (IANS) Tripura has 73 per cent reserve forest cover and absorbs a large quantity of carbon from the atmosphere, Tripura Chief Minister Manik Saha said, adding that keeping this in mind, the state government has sought 20 per cent devolution of taxes in the forests and ecology category to the 16th Finance … Read more