https://www.taxtmi.com/news?id=20523 The Finance Commission will examine Maharashtra's fiscal sustainability, noting compliance with FRBM deficit limits but a persistent revenue deficit driven by rigid revenue expenditures. It identifies declining trend growth in total and own-tax revenues, a low tax-to-GSDP ratio, and the need to address debt sustainability through higher revenue generation rather than expenditure contraction. The Commission will also assess decentralization progress, the skew in transfers toward rural local bodies, capital expenditure trends, and inter-regional socio-economic disparities affecting service delivery. en-us Sat, 15 Sep 2018 13:08:30 +0530 Sat, 15 Sep 2018 13:08:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20523 The Finance Commission will examine Maharashtra's fiscal sustainability, noting compliance with FRBM deficit limits but a persistent revenue deficit driven by rigid revenue expenditures. It identifies declining trend growth in total and own-tax revenues, a low tax-to-GSDP ratio, and the need to address debt sustainability through higher revenue generation rather than expenditure contraction. The Commission will also assess decentralization progress, the skew in transfers toward rural local bodies, capital expenditure trends, and inter-regional socio-economic disparities affecting service delivery. News - Sat, 15 Sep 2018 13:08:30 +0530 https://www.taxtmi.com/news?id=20523