Millions being lost due to lack of devolution deal

A business leader has warned that the region could lose out on multi-million-pound public funding opportunities and says ...

Finance Commission introduces new parameter of contribution of state-to-GDP in horizontal devolution

Accordingly, for the first time, this Commission decided to add the State’s contribution to GDP among its horizontal ...
Outlook Business

16th Finance Commission Redraws Tax Devolution Map: Who Gains, Who Loses | Explained

The Centre as accepted the recommendations by the 16th Finance Commission during the Union Budget for FY27. The 16th FC has ...

Business voice - Devolution – what’s happening now?

The first question one has to ask is, what is devolution?

State Finance Commission proposes pollution tax, revamp of devolution formula

KOCHI: Invoking the principle of ‘let the polluter pay’, the first report of the 7th State Finance Commission (SFC) has proposed a pollution tax or user fee on medium and large economic enterprises, ...