Centre-state financial relations: Historical perspectives and issues
By: Dhameja, Nand.
Contributor(s): Gupta, Rakesh.
Material type:
ArticlePublisher: 2014Description: p.900-918.Subject(s): Federal state relations
In:
Indian Journal of Public AdministrationSummary: This article discusses the Centre-states financial relations and is divided into four parts. Division of financial powers between the Centre and states relating to levying of taxes and principles of such powers are presented in Part I. Part II deals with the finances of the Centre and the sources of revenues for the states. Provisions for the setting up of the Finance Commission for the devolution of funds from the Centre to the states and the allocation among the states are the subject matter of Part III. This section also presents the recommendations of the Finance Commissions relating to devolution of funds from the Centre to the states. Issues relating to such distribution of sources between the Centre and the states are addressed in the last section. - Reproduced.
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Indian Institute of Public Administration | Volume no: 60, Issue no: 4 | Available | AR115987 |
This article discusses the Centre-states financial relations and is divided into four parts. Division of financial powers between the Centre and states relating to levying of taxes and principles of such powers are presented in Part I. Part II deals with the finances of the Centre and the sources of revenues for the states. Provisions for the setting up of the Finance Commission for the devolution of funds from the Centre to the states and the allocation among the states are the subject matter of Part III. This section also presents the recommendations of the Finance Commissions relating to devolution of funds from the Centre to the states. Issues relating to such distribution of sources between the Centre and the states are addressed in the last section. - Reproduced.
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