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Recently various Opposition-ruled States especially from south India have claimed that they have not been receiving their fair share as per the present scheme of financial devolution. They have raised issues about their less than proportionate share of receipt in tax revenue when compared to their contribution towards tax collection. Article 270 of the Constitution provides for the scheme of distribution of net tax proceeds collected by the Union government between the Centre and the States. The taxes that are shared between the Centre and the States include corporation tax, personal income tax, Central GST, the Centre’s share of the Integrated Goods and Services Tax (IGST) etc. This division is based on the recommendation of the Finance Commission (FC) that is constituted every five years as per the terms of Article 280. Apart from the share of taxes, States are also provided grants-in-aid as per the recommendation of the FC. The divisible pool, however, does not include cess and surcharge that are levied by the Centre. What is the role of the Finance Commission? What is the basis for allocation of tax revenue to various States? Has the percentage share of the divisible pool of taxes been reducing for southern States? What are the potential solutions? We discussed all the aspects here in this video.
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👉 𝐏𝐫𝐞𝐥𝐢𝐦𝐬 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें (संपूर्ण सेट एक साथ) खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें:
𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: bit.ly/30LLMbt
𝐀𝐦𝐚𝐳𝐨𝐧: amzn.to/2VqvH8S
𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭: bit.ly/3odDQtv
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👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐨𝐨𝐤 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें (संपूर्ण सेट एक साथ) खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें:
𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: bit.ly/36u5qwD
𝐀𝐦𝐚𝐳𝐨𝐧: amzn.to/3lvMjGX
𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭: bit.ly/37lO3NS
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👉 𝐌𝐚𝐢𝐧𝐬 𝐂𝐚𝐩𝐬𝐮𝐥𝐞 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें:
𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: bit.ly/2L0efWP
𝐀𝐦𝐚𝐳𝐨𝐧: amzn.to/2HYgpF9
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👉 𝐑𝐀𝐒 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें:
𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: bit.ly/35hpX6T
𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭: bit.ly/380zfWu
𝐀𝐦𝐚𝐳𝐨𝐧: amzn.to/3bbxw2L
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👉 𝐎𝐮𝐫 𝐑𝐞𝐠𝐮𝐥𝐚𝐫 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐬' 𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭𝐬:
1. Videos by Dr. Vikas Divyakriti: bit.ly/2TF34TZ
2. Concept Talk- By Dr. Vikas Divyakirti: goo.gl/xNVMrm
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Негізгі бет Financial Devolution Among States: Explained | UPSC | Drishti IAS
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