https://www.taxtmi.com/news?id=54150 Punjab seeks immediate release of state funds held by the central government and requests revision of compensation norms under the State Disaster Response Fund. The state alleges significant revenue shortfalls from tax regime changes and reductions in rural development and mandi funds, and flags cancellation of rural road projects. Citing extensive crop and livestock losses at near harvest stage, Punjab contends existing SDRF compensation rates are inadequate, proposes a substantially higher per acre payout, and confirms it will continue the prescribed state contribution under the SDRF scheme. en-us Sun, 31 Aug 2025 15:31:03 +0530 Sun, 31 Aug 2025 15:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54150 Punjab seeks immediate release of state funds held by the central government and requests revision of compensation norms under the State Disaster Response Fund. The state alleges significant revenue shortfalls from tax regime changes and reductions in rural development and mandi funds, and flags cancellation of rural road projects. Citing extensive crop and livestock losses at near harvest stage, Punjab contends existing SDRF compensation rates are inadequate, proposes a substantially higher per acre payout, and confirms it will continue the prescribed state contribution under the SDRF scheme. News - Sun, 31 Aug 2025 15:31:03 +0530 https://www.taxtmi.com/news?id=54150