revenue sharing

GST revamp: Council meet to weigh big rate rejig; 5% EV tax as opposition states push hard on revenue loss

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The Centre is advocating for a 5% GST on electric vehicles as part of a broader tax overhaul, aiming to simplify the GST structure to ...

Majority of states seek 50% share in tax revenue from Centre: Finance Commission chief Arvind Panagariya

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Arvind Panagariya, Chairman of the 16th Finance Commission, revealed that a majority of states have requested an increase in their share of tax revenue distribution ...