https://www.taxtmi.com/news?id=32491 Kerala's Finance Minister criticised the national budget for displaying political discrimination in fiscal allocations, noting omission of relief for a landslide tragedy and exclusion of Vizhinjam Port from infrastructure funding. He argued the state faces inadequate sectoral allocations for agriculture and the rural employment scheme and questioned the practical benefit of the income tax exemption announcement. Despite an overall reported increase in transfers to states, the minister maintained Kerala's projected share falls well short of the amount it should receive based on population density, raising equity concerns in fiscal federalism. en-us Sat, 01 Feb 2025 18:31:03 +0530 Sat, 01 Feb 2025 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32491 Kerala's Finance Minister criticised the national budget for displaying political discrimination in fiscal allocations, noting omission of relief for a landslide tragedy and exclusion of Vizhinjam Port from infrastructure funding. He argued the state faces inadequate sectoral allocations for agriculture and the rural employment scheme and questioned the practical benefit of the income tax exemption announcement. Despite an overall reported increase in transfers to states, the minister maintained Kerala's projected share falls well short of the amount it should receive based on population density, raising equity concerns in fiscal federalism. News - Sat, 01 Feb 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=32491