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Centre tax devolution
National · 4 updates
Centre releases additional instalment of tax devolution of ₹1.09 lakh crore to States
Currently, 41% of taxes collected by the Centre is devolved in 14 instalments among States during a fiscal year.
TN Assembly seeks fairer tax devolution from Centre
Tamil Nadu Assembly adopts unanimous resolution on fair share of Central tax devolution
Moving the resolution, Finance Minister N. Marie Wilson called upon the Centre to adopt a transparent, objective, and equitable methodology for the devolution of Union taxes
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