https://www.taxtmi.com/news?id=28264 Devolution of central funds under the 15th Finance Commission has exceeded prior-transfer levels, increasing States' fiscal capacity. The 2024-25 SASCI allocation adds untied capital funds for State use across sectors and creates a disaster dispensation allowing eligible States, as assessed by an Inter Ministerial Central Team, to receive up to fifty percent of their Part 1 (Untied) SASCI allocation for reconstruction of infrastructure, in addition to resources under the National Disaster Response and Mitigation Fund. en-us Sat, 21 Dec 2024 09:49:41 +0530 Sat, 21 Dec 2024 09:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28264 Devolution of central funds under the 15th Finance Commission has exceeded prior-transfer levels, increasing States' fiscal capacity. The 2024-25 SASCI allocation adds untied capital funds for State use across sectors and creates a disaster dispensation allowing eligible States, as assessed by an Inter Ministerial Central Team, to receive up to fifty percent of their Part 1 (Untied) SASCI allocation for reconstruction of infrastructure, in addition to resources under the National Disaster Response and Mitigation Fund. News - Sat, 21 Dec 2024 09:49:41 +0530 https://www.taxtmi.com/news?id=28264