Maharashtra seeks to increase share in divisible tax pool; requests allocation of ₹1,28,231 crore to fund infra projects
16th Finance Commission Chairman Arvind Panagariya addressing a press conference. File | Photo Credit: The Hindu To increase Maharashtra’s share in the receipt of tax revenue, the State Government on Thursday (May 9, 2025) recommended to the 16th Finance Commission (FC) to raise the weightage of population share in devolution formula from 15% to 20%, […]
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