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Wednesday, October 29, 2025
TopicTax devolution

Topic: Tax devolution

India’s fiscal imbalance isn’t a North vs South problem. Here’s what lies at the ‘centre’ of it

India has a large vertical fiscal gap, which has been increasing. The reason is that while the Constitution assigns the most buoyant taxation powers to the Union, it allocates more spending responsibilities to the states.

South India is rightly agitated by unfair allocation. Limiting Centre’s power is the answer

South India's situation is unlike any in large federal unions across the world. US, UK, China, Germany, and Spain correct their fiscal imbalances through tax policy. India is making it worse.

On Camera

Takaichi channels Abe & wins over Trump

Trump calls Takaichi 'one of the greatest prime ministers' & offers her 'anything you want'.

Mumbai’s been driving India’s data centre market, but water shortage, power demand pose risks

According to a report by Macquarie, India’s data centre market is estimated to double by 2027. India currently has 1.4 gigawatts of operational data centre capacity.

Navy Chief calls for collective solutions to maritime challenges in ‘complex & dynamic’ Indo-Pacific

At 11th edition of Indo-Pacific Regional Dialogue in New Delhi, Navy Chief Admiral Dinesh K Tripathi said there are three major currents shaping this maritime 'dynaxity'.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.