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Act fairly, min tells centre on 'move' to cut share of tax

The New Indian Express Villupuram

|

March 01, 2025

FOLLOWING reports in a section of the media that the Union government is mulling to cut central tax revenues shared to the states from 41% to 40%, Finance Minister Thangam Thennarasu on Friday strongly condemned the move.

- EXPRESS NEWS SERVICE @ Chennai

The minister, in his post on X, pointed out while Tamil Nadu already receives less than what it deserves, there are now reports that the finance commission is likely to recommend cutting states' share further from 41% to 40% as suggested by the Union government. "Is this how performing states are rewarded?" he questioned.

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