Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Centre Mulls Slashing States' Share of Taxes
Hindustan Times Rajasthan
|February 28, 2025
The government is seeking to cut the tax revenues that states receive, three people with direct knowledge of the matter said.
NEW DELHI:
The suggestion will be made to the Finance Commission of India, which makes recommendations on tax sharing along with other aspects of central-state fiscal relations, and could lead to a flaring of tensions between the two tiers of government. The panel, headed by economist Arvind Panagariya, will submit its recommendations by 31 October to be implemented from fiscal year 2026-27. The recommendations are binding.
The central government will recommend the share of taxes going to states be reduced to at least 40% from the current 41%, said one of the people. The proposal is likely to be cleared by the cabinet of ministers headed by Prime Minister Narendra Modi by the end of March and then be sent to the Finance Commission, said the second person.
Denne historien er fra February 28, 2025-utgaven av Hindustan Times Rajasthan.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Rajasthan
Hindustan Times Rajasthan
SC RAPS STATES FOR FAILING TO SUBMIT ABC REPORTS
NEW DELHI: The Supreme Court on Monday came down heavily on states and Union territories (UTs) for failing to submit compliance reports from their animal husbandry departments and local bodies on the implementation of the Animal Birth Control (ABC) Rules, 2023, warning that top bureaucrats would face personal accountability for their inaction in controlling the stray dog menace while safeguarding human and animal welfare.
1 min
October 28, 2025
Hindustan Times Rajasthan
Quest for perfect electoral rolls
EC must guard against the SIR process leading to large-scale disenfranchisement
2 mins
October 28, 2025
Hindustan Times Rajasthan
Jaishankar, Rubio hold talks on Asean sidelines
External affairs minister S Jaishankar on Monday held talks with his US counterpart Marco Rubio amid efforts by the two sides to reset bilateral ties that have come under severe strain over punitive US tariffs on Indian goods.
1 min
October 28, 2025
Hindustan Times Rajasthan
EC announces phase two of SIR across 12 states, UTs
The Election Commission will conduct phase two of the special intensive revision of electoral rolls in 12 states and Union Territories, Chief Election Commissioner Gyanesh Kumar announced on Monday.
2 mins
October 28, 2025
Hindustan Times Rajasthan
CJI RECOMMENDS JUSTICE SURYA KANT AS HIS SUCCESSOR
Chief Justice of India (CJI) Bhushan R Gavai on Monday set in motion the process to appoint his successor by recommending Justice Surya Kant, the seniormost judge of the Supreme Court, to the Union government.
1 min
October 28, 2025
Hindustan Times Rajasthan
Investing in science for co-creation, co-existence
Developments in science and technology have no doubt led to a paradigm shift in human capability, leading to humanity making strides never visualised before.
3 mins
October 28, 2025
Hindustan Times Rajasthan
INDIA E-COMM EXPORTS TOP $20 BN DESPITE US TARIFFS: AMAZON
Amazon on Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new US import tariffs that were imposed in August.
1 min
October 28, 2025
Hindustan Times Rajasthan
A favourable FTA for giving up Russian oil
India must make a virtue out of necessity by proposing that it will comply with US sanctions in exchange for the latter addressing its key strategic interests
4 mins
October 28, 2025
Hindustan Times Rajasthan
SC allows govt to review Vodafone Idea AGR dues
In a major relief for Vodafone Idea (Vi), the Supreme Court on Monday allowed the Union government to review and reconsider the additional demand in adjusted gross revenue (AGR) dues against the financially distressed telecom operator, marking what could be a fresh breath of life for the beleaguered company struggling to stay afloat in India’s hyper-competitive telecom sector.
2 mins
October 28, 2025
Hindustan Times Rajasthan
How international law sees the Taliban regime
The recent visit of Afghanistan's foreign minister, Amir Khan Muttaqi, to India has triggered a debate on whether India should formally recognise Kabul’s Taliban government, once considered synonymous with international terrorism, that came to power in 2021 through a horrific takeover.
3 mins
October 28, 2025
Listen
Translate
Change font size