https://www.taxtmi.com/news?id=69521 The Union Budget maintains revenue devolution at 41 percent despite calls to raise states' share to 50 percent, leaving state tax revenue allocations unchanged and constraining subnational fiscal capacity. The budget is also characterised as lacking targeted allocations for the poor, women, farmers, and other marginalised groups, highlighting an absence of specific resource commitments to those constituencies. en-us Sun, 01 Feb 2026 17:46:03 +0530 Sun, 01 Feb 2026 17:46:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69521 The Union Budget maintains revenue devolution at 41 percent despite calls to raise states' share to 50 percent, leaving state tax revenue allocations unchanged and constraining subnational fiscal capacity. The budget is also characterised as lacking targeted allocations for the poor, women, farmers, and other marginalised groups, highlighting an absence of specific resource commitments to those constituencies. News - Sun, 01 Feb 2026 17:46:03 +0530 https://www.taxtmi.com/news?id=69521