Critique addresses vertical imbalances in Indian fiscal federalism
क्यों है महत्वपूर्ण
The constitution of the 16th Finance Commission has reignited debates over tax devolution. Understanding the distinction between vertical and horizontal devolution, the controversy over demographic criteria, and the impact of cesses and surcharges is highly relevant for GS2 (Polity - Federalism) and GS3 (Economy - State Finances).



