Question
What is the projected state's share in central taxes for
the fiscal year 2023-24 (Budget Estimate)?Solution
In 2023-24, state's share in central taxes is estimated at Rs 11,420 crore, an increase of 8% over the revised estimate of 2022-23. Grants from the centre in 2023-24 are estimated at Rs 20,893 crore, an increase of 7% over the revised estimates for 2022-23.
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Statement 1: The trade deficit was primarily driven by a significan...
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