https://www.taxtmi.com/news?id=41655 The central government imposed and retained a cess on petrol and diesel and raised central excise duty, collecting substantial receipts from petroleum taxes and various cesses and surcharges which, it is alleged, have not been shared with states; these untransferred and unspent cesses, together with revenue forgone due to central tax concessions, are said to have reduced states' share of the divisible fiscal pool and constrained their fiscal autonomy, undermining cooperative federalism. en-us Tue, 22 Apr 2025 16:16:03 +0530 Tue, 22 Apr 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41655 The central government imposed and retained a cess on petrol and diesel and raised central excise duty, collecting substantial receipts from petroleum taxes and various cesses and surcharges which, it is alleged, have not been shared with states; these untransferred and unspent cesses, together with revenue forgone due to central tax concessions, are said to have reduced states' share of the divisible fiscal pool and constrained their fiscal autonomy, undermining cooperative federalism. News - Tue, 22 Apr 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=41655