https://www.taxtmi.com/news?id=19441 The Survey finds rural and many state governments heavily dependent on devolved transfers and generating minimal own-source and direct-tax revenue due to constrained or underutilised local taxation powers, low property valuation and tax rates, and uneven devolution; it warns that an expanding GST could strengthen centralised revenue reliance and calls for better data, empirical evaluation of constitutional devolution reforms, and policy measures to enhance local taxation utilisation and accountability to avoid a persistent low equilibrium trap. en-us Mon, 29 Jan 2018 14:06:51 +0530 Mon, 29 Jan 2018 14:06:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19441 The Survey finds rural and many state governments heavily dependent on devolved transfers and generating minimal own-source and direct-tax revenue due to constrained or underutilised local taxation powers, low property valuation and tax rates, and uneven devolution; it warns that an expanding GST could strengthen centralised revenue reliance and calls for better data, empirical evaluation of constitutional devolution reforms, and policy measures to enhance local taxation utilisation and accountability to avoid a persistent low equilibrium trap. News - Mon, 29 Jan 2018 14:06:51 +0530 https://www.taxtmi.com/news?id=19441