https://www.taxtmi.com/news?id=23918 Special Assistance to States for Capital Expenditure funds state capital projects across sectors to address pandemic-related revenue shortfalls, premised on capital expenditure's higher multiplier effect. The scheme comprises three parts: targeted allocations for north-eastern and hill States; proportional distribution among other States based on central tax share; and a reform-linked tranche available to States implementing at least three of four specified citizen-centric reforms, with certified compliance leading to enhanced allocations. en-us Thu, 01 Apr 2021 17:01:32 +0530 Thu, 01 Apr 2021 17:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23918 Special Assistance to States for Capital Expenditure funds state capital projects across sectors to address pandemic-related revenue shortfalls, premised on capital expenditure's higher multiplier effect. The scheme comprises three parts: targeted allocations for north-eastern and hill States; proportional distribution among other States based on central tax share; and a reform-linked tranche available to States implementing at least three of four specified citizen-centric reforms, with certified compliance leading to enhanced allocations. News - Thu, 01 Apr 2021 17:01:32 +0530 https://www.taxtmi.com/news?id=23918