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Kerala Govt criticises Centre's fiscal approach; highlights low alcohol tax contribution

By Economic Times - 10 months ago
Noting that the consistent decline in the awards of the successive Finance Commissions serves as a compelling case in point, the document said Kerala witnessed a decline in it's share of taxes devolved by the Union Government from 3.88 per cent during the 10th Finance Commission period (1995-2000) to a mere 1.92 per cent during the 15th Finance Commission period (2021-2026).

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