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 ...
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 on Wednesday (February 11, 2026) dismissed allegations by Opposition members that the Centre was not transferring 41% of the divisible pool of taxes to the States, ...
The 16th finance commission’s decision to tweak the formula for devolution of taxes to states received a mixed response on Sunday with some states welcoming the changes that resulted in a higher share ...
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 ...
Despite five southern States being assigned a collectively higher share under the vertical distribution scheme of the 16th Finance Commission (FC) than in the past, Tamil Nadu’s share has seen only a ...
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 ...
Minister for Planning, Development and Special Initiatives agreed that the provinces did not transfer the power to the districts which has not brought the desired objectives of devolution of power. He ...
The Daily Record championed devolution for decades and we remain of the view that the creation of the Parliament has been a success. Holyrood led the way on free personal care for the elderly and the ...
Nairobi Governor Johnson Sakaja has termed the 2020 creation of the Nairobi Metropolitan Service (NMS) a “defilement of devolution,” saying the agency left the county with a Sh16 billion hole in ...