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TN's demand to tweak tax devolution is very convincing, says fin panel chief

The New Indian Express

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November 19, 2024

No other state has raised issue of income distance & purchasing power of people: Panagariya

TN's demand to tweak tax devolution is very convincing, says fin panel chief

THE 16th Finance Commission chairperson Arvind Panagariya on Monday appreciated the state government for its efforts to present a well-researched representation before the panel.

Speaking to journalists after consultations with the state government and other stakeholders, Panagariya highlighted that Tamil Nadu has sought significant changes in the criteria for tax devolution. He further said that so far the commission has visited 12 states and Tamil Nadu has presented a well-researched, analytical report and explained its demands and grievances in a well-balanced and convincing manner.

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