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'Delimitation cannot be done abruptly': Ex-RBI Governor D Subbarao's two-point solution to North-South divide

Subbarao has suggested that the Centre set an end date for cross-subsidisation from wealthier states to poorer ones. ....

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'South Tax Movement' and why Karnataka is protesting Union govt's 'fiscal injustice'

Karnataka CM Siddaramaiah is partaking in a protest organised by the state’s elected Congress representatives on February 7 in New Delhi, against the alleged fi ....

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finance: Cabinet approves Terms of Reference for the Sixteenth Finance Commission

The Finance Commission is a constitutional body that determines the method and formula for distributing tax proceeds among the Centre and states. It suggests distribution of taxes and grants and works based on the terms of reference set by the finance ministry for a five-year period, after being approved by the centre. ....

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Cabinet suggests setting up of 16th finance commission

India Business News: The Union cabinet has recommended setting up of the 16th Finance Commission to decide on sharing of taxes between the Centre and the states, setting o ....

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Tax levy calculator now available on local website - Urbana Daily Citizen

Tax levy calculator now available on local website - Urbana Daily Citizen
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