How is the 'vertical' and 'horizontal' devolution of taxes to the states decided? Highlighting the concerns raised by some states regarding the devolution of taxes, suggest corrective measures.
Introduction
Recent cases of special packages for legal alien states have ignited debate over devolution of net proceeds of taxes with state.
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Main Body
How are vertical and horizontal devolution of taxes decided.
i) CAG audits revenue net proceeds of advise and tags.
ii) Union finance commisioner consider fiscal effect, population etc.
iii) Unequal disclaimed share got entire her 19% share.
(eg) ISFc gave entire 19% share.
iii) Already apvsed scheme also differentiate for ISCatgogis for state.
(Oneome raised)
(I) Over emphasis on population under Indian state acts for more share against northern states based.
Conclusion
Or there population effect
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Page 32
Garv Garg
Federal Structure - Functions, Responsibilities, Devolution of Powers and Finances
Centre-State Financial Relations
Vertical and Horizontal Devolution of Taxes
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