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The government released two instalments of tax devolution to states totalling over ₹ 1.16 lakh crore to help accelerate their capital expenditure as against normal monthly devolution of ₹ 58,333 crore. This would help strengthen the hands of states to accelerate their capital and developmental expenditure. Currently, 41 per cent of taxes collected by the Centre is devolved in 14 instalments among states in a fiscal year. Tax Devolution - It is based on a formulaic transfer of resources to states, determined by the Finance Commission. The tax devolution formula is based on the principles of need, equity, and efficiency. In other words, the formula is progressive – states in need of higher assistance receive a larger share of funds devolved.
‘Aaj se thoda kam’ is awareness campaign to eliminate trans fats by 2022. Which of the following is not part of this?
Piglet Anaemia is a hypochromic-microcytic anaemia generally associated with young, rapidly growing piglets. Piglet Anaemia is caused by?
The most common method of propagation in Banana?
Transfer of Ownership is an example of which utility
What is the major use of Cashew Nut Shell Liquid (CNSL)?
Which is not a method of food preservation
Isabgol is an important medicinal crop. It is used as a bulk-forming, laxative drug. The botanical name of Isabgol is
...The relation between percent and p.p.m. during preparation of plant growth regulator is
Which of the following is rightly matched?
The transfer of pollens from the stamen to the stigma of the same flower or the stigma of another flower on same plant or to the stigma of flower of any...
