State share of union tax revenues raised to 42 percent

Last updated: 25 February 2015

14th Finance Commission (FFC) Report Tabled in Parliament; FFC Recommends by Majority Decision that the States Share in the Net Proceeds of the Union Tax Revenues be Raised to 42% Which is a Huge Jump from the 32% Recommended by the 13th Finance Commission Article 280 of the Constitution of I

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