000 00933pab a2200169 454500
008 180718b2005 xxu||||| |||| 00| 0 eng d
100 _aKumar, T. Ravi
245 _aTax devolution and regional disparities
260 _c2005
300 _ap.2020-022.
362 _a14 May
520 _aThe changes introduced by the Twelfth Finance Commission in the horizontal devolution formula determining the inter se tax shares of individual states have effectively reduced its progressivity at a time when regional disparities are worsening. Equity considerations necessitate greater utilisation of criteria that reflect the variations in the levels of regional development, if the poorer states are to overcome differentials in revenue capacity by obtaining a larger share in Finance Commission awards. - Reproduced.
650 _aRegional disparities
650 _aTaxation
773 _aEconomic and Political Weekly
909 _a65195
999 _c65195
_d65195