Page 13 - Centre States News Today : Breaking News, Live Updates & Top Stories | Vimarsana

January 22, 2021 File photo   -  REUTERS/ FRANCIS MASCARENHAS× The Centre is looking at introducing an instrument such as a tax-free bond during the Budget to mobilise resources for higher health-related expenses due to Covid-19. According to multiple government sources, the exact name and nature of the instrument are yet to be finalised, but the aim is to strike a balance between financing additional expenditure and not adding to the tax burden. A formal announcement is expected in the Budget, on February 1. The government may need to provide ₹50,000-80,000 crore for Covid vaccination during FY22. While introducing a cess or a surcharge would address this, State governments have been objecting to such a levy as they do not get a share of this revenue stream. Hence, a tax-free bond may seem a more viable option to the Centre.

Divakar vijayasarathyCentre statesSupplementary demandsMonsoon sessionPrime ministerManaging partnerCovid vaccineCovid vaccine bondCovid vaccine health workersமையம் மாநிலங்களில்பருவமழை அமர்வுப்ரைம் அமைச்சர்நிர்வகித்தல் கூட்டாளர்