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Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

By Economic Times - 2 months ago
The Telangana Government has urged the 16th Finance Commission to increase the states' share in Central taxes from 41% to 50%. Deputy Chief Minister Bhatti Vikramarka emphasized the need for greater fiscal autonomy and a revised formula for horizontal devolution to address regional disparities and support local development.

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