https://www.taxtmi.com/news?id=45646 Majority of state governments have urged an increase in the tax revenue distribution share allotted to states, pressing the statutory body tasked with allocation to revise the existing Centre-state split. The Finance Commission is conducting nationwide consultations and will deliver recommendations to the President for the forthcoming five year fiscal period, noting historical practice of acceptance but not indicating whether the states' request will be adopted. en-us Wed, 04 Jun 2025 15:01:04 +0530 Wed, 04 Jun 2025 15:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45646 Majority of state governments have urged an increase in the tax revenue distribution share allotted to states, pressing the statutory body tasked with allocation to revise the existing Centre-state split. The Finance Commission is conducting nationwide consultations and will deliver recommendations to the President for the forthcoming five year fiscal period, noting historical practice of acceptance but not indicating whether the states' request will be adopted. News - Wed, 04 Jun 2025 15:01:04 +0530 https://www.taxtmi.com/news?id=45646