State of State Finances 2018
Published By: PRS on eSS | Published Date: January , 2018Several states such as Delhi, Punjab, Haryana, Maharashtra, Tamil Nadu and Karnataka raise a majority
of their revenue from their own taxes. On the other hand, Jammu and Kashmir, Assam, and Bihar raise
around 20% of their revenue from taxes. Consequently, these states have a higher dependency on
transfers from the centre, i.e., devolution of central taxes and grants.
Author(s): Mandira Kala, Vatsal Khullar | Posted on: Feb 01, 2018 | Views() | Download (143)