https://www.taxtmi.com/news?id=21520 Central Government consolidated Centrally Sponsored Schemes from sixty-six to twenty-eight and increased the flexi fund within each scheme, enhancing States' ability to prioritise local needs. Implementation of Finance Commission recommendations raised central tax devolution to States, increasing their resource availability. These structural changes coincided with an upward trend in Union Expenditure Budget outlays for the consolidated schemes, culminating in a marked rise in the interim budget estimate for the latest year, as reported by the finance minister in Parliament. en-us Mon, 01 Jul 2019 18:46:03 +0530 Mon, 01 Jul 2019 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21520 Central Government consolidated Centrally Sponsored Schemes from sixty-six to twenty-eight and increased the flexi fund within each scheme, enhancing States' ability to prioritise local needs. Implementation of Finance Commission recommendations raised central tax devolution to States, increasing their resource availability. These structural changes coincided with an upward trend in Union Expenditure Budget outlays for the consolidated schemes, culminating in a marked rise in the interim budget estimate for the latest year, as reported by the finance minister in Parliament. News - Mon, 01 Jul 2019 18:46:03 +0530 https://www.taxtmi.com/news?id=21520