While the Union Budget is keenly tracked by States to assess their share in overall Central tax devolution, it is becoming increasingly clear that this revenue stream no longer plays the stabilising ...

Madhya Pradesh yearly increase in the central taxes has been comparatively reduced in the Union Budget 2026-27 presented by finance minister Nirmala Sitharaman. MP's share in central taxes has also ...

At its core, devolution is about driving growth in a way that reflects the unique needs of our region, writes Megan Carter, regional director at Atkins Réalis. It represents a fundamental shift in the ...

Finance Minister Nirmala Sitharaman announced on Sunday that the Centre has accepted the 16th Finance Commission’s recommendation to maintain the vertical devolution at 41 per cent. This tax-sharing ...

Add Yahoo as a preferred source to see more of our stories on Google. Megan Carter – regional director, Atkins Réalis (Image: Business South) The first question one has to ask is, what is devolution?

In India’s federal set up, devolution of funds ensures proper transfer of resources, from the central government to the states, and further down to local bodies. Article 280 of the Indian constitution ...

Last week, Chris Madel, who’d been polling competitively in the Republican primary for Minnesota governor, dropped out of the race, apparently because he was disgusted by Immigration and Customs ...

The Sixteenth Finance Commission has recommended that the states’ share in the divisible pool is retained at 41% but has recommended several significant changes that could impact the allocation of ...

Hyderabad: The 16th Finance Commission’s recommendations to retain the previous formula for sharing Central taxes with states have come as a major setback for Telangana, with the state receiving only ...

A business leader has warned that the region could lose out on multi-million-pound public funding opportunities and says investor confidence could be undermined because of a lack of consensus on ...

The 16th Finance Commission (FC) must be commended for breaking the mould of earlier FCs in what is perhaps the most contentious area of fiscal federalism: ‘horizontal devolution’ or how each state’s ...

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