The FM said that both states and the Centre draw revenue out of taxes levied on petrol and diesel, while adding 41% of the tax collections made by the Centre go to the states.
The government set a tax collection target of Rs 13.8 lakh crore during the interim budget in February, which was revised to Rs 13.35 lakh crore when budget was presented in July.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
Fair enough . Then why not call a meeting of all state FMs and get commitments from all states and Centre for tax reduction ?
Twosome robbers. We do not know who is more benign of the two. In due course, one or the other will eat us (bankcrupt us).