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Updated Mar 06, 2021 | 17:45 IST Rajya Sabha MP Sushil Kumar Modi highlighted that the share of divisible pool is slowly shrinking as the cess and surcharge component in Gross Tax revenue is increasing 15th Fin Comm opted for continuity, predictability in deciding tax devolution to states: NK Singh | Photo Credit: BCCL New Delhi: The 15th Finance Commission opted for continuity and predictability and hence retained the share of tax devolution to states at 41 per cent of the total pool, its chairman NK Singh said on Saturday. Speaking at a webinar organised by the Centre for Policy Research (CPR), Singh said each Finance Commission in the past has somewhat increased the total amount of devolution to states, but the 15th Finance Commission weighed all the options considering that the fiscal space of both states and the Centre has shrunk on account of the COVID-19 pandemic. ....
The 15th Finance Commission opted for continuity and predictability and hence retained the share of tax devolution to states at 41 per cent of the total pool, its chairman N K Singh said on Saturday. Speaking at a webinar organised by the Centre for Policy Research (CPR), Singh said each Finance Commission in the past has somewhat increased the total amount of devolution to states, but the 15th Finance Commission weighed all the options considering that the fiscal space of both states and the Centre has shrunk on account of the Covid-19 pandemic. Rajya Sabha MP Sushil Kumar Modi highlighted that the share of divisible pool is slowly shrinking as the cess and surcharge component in Gross Tax revenue is increasing. ....
15th Finance Commission opted for continuity, predictability in deciding tax devolution to States: NK Singh thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
15th Finance Commission opted for continuity, predictability in deciding tax devolution to states, says NK Singh Speaking at a webinar organised by the Centre for Policy Research (CPR), Singh said each Finance Commission in the past has somewhat increased the total amount of devolution to states PTI | March 6, 2021 | Updated 17:42 IST The 15th Finance Commission Chairman NK Singh The 15th Finance Commission opted for continuity and predictability and hence retained the share of tax devolution to states at 41 per cent of the total pool, its chairman N K Singh said on Saturday. Speaking at a webinar organised by the Centre for Policy Research (CPR), Singh said each Finance Commission in the past has somewhat increased the total amount of devolution to states, but the 15th Finance Commission weighed all the options considering that the fiscal space of both states and the Centre has shrunk on account of the COVID-19 pandemic. ....
15th Finance Commission opted for continuity, predictability in deciding tax devolution to states: N K Singh Synopsis The 15th Finance Commission has recommended that states be given 41 per cent of the divisible tax pool of the Centre during the period 2021-22 to 2025-26, which is at the same level as was recommended by the 14th Finance Commission. Agencies N K Singh The 15th Finance Commission opted for continuity and predictability and hence retained the share of tax devolution to states at 41 per cent of the total pool, its chairman N K Singh said on Saturday. Speaking at a webinar organised by the Centre for Policy Research (CPR), Singh said each Finance Commission in the past has somewhat increased the total amount of devolution to states, but the 15th Finance Commission weighed all the options considering that the fiscal space of both states and the Centre has shrunk on account of the COVID-19 pandemic. ....