https://www.taxtmi.com/news?id=21248 The Commission must assess aggregate government debt limits and propose allocation between centre and states and an apportionment method for state liabilities; design formula based transfers and fiscal equalization that address vertical and horizontal imbalances within data constraints; recommend performance based incentives balancing prospective versus retrospective rewards and equity versus efficiency; strengthen public financial management institutional frameworks for budgeting and reporting; and improve third tier revenue autonomy through property tax reforms, devolution and grants. en-us Thu, 04 Apr 2019 17:40:14 +0530 Thu, 04 Apr 2019 17:40:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21248 The Commission must assess aggregate government debt limits and propose allocation between centre and states and an apportionment method for state liabilities; design formula based transfers and fiscal equalization that address vertical and horizontal imbalances within data constraints; recommend performance based incentives balancing prospective versus retrospective rewards and equity versus efficiency; strengthen public financial management institutional frameworks for budgeting and reporting; and improve third tier revenue autonomy through property tax reforms, devolution and grants. News - Thu, 04 Apr 2019 17:40:14 +0530 https://www.taxtmi.com/news?id=21248