Enchanced Share of States in Central Taxes from 32 Percent to 42 Percent as per the Recommendations of 14th Finance Commission https://www.taxtmi.com/news?id=14223 Acceptance of the 14th Finance Commission recommendations increases the State Share in Central Taxes, with the Government adopting the Commission's horizontal devolution formula to allocate the total devolved amount among States and reflecting a specified aggregate allocation in the Union Budget estimates for the fiscal year. en-us Fri, 20 Mar 2015 17:37:31 +0530 Fri, 20 Mar 2015 17:37:31 +0530 TaxTMI RSS Generator Enchanced Share of States in Central Taxes from 32 Percent to 42 Percent as per the Recommendations of 14th Finance Commission https://www.taxtmi.com/news?id=14223 Acceptance of the 14th Finance Commission recommendations increases the State Share in Central Taxes, with the Government adopting the Commission's horizontal devolution formula to allocate the total devolved amount among States and reflecting a specified aggregate allocation in the Union Budget estimates for the fiscal year. News - Fri, 20 Mar 2015 17:37:31 +0530 https://www.taxtmi.com/news?id=14223