Search result for 'tax share'

Karnataka CM Siddaramaiah seeks increased allocation from central tax pool for 2026-31 from the 16th Finance Commission, citing a drop in the state's share under the 15th Finance Commission.

The 16th Finance Commission, led by Arvind Panagariya, is on a three-day visit to Kerala to discuss the state's financial needs and imbalances in tax distribution. Key meetings and presentations...

Real estate stocks rallied on Wednesday after the government announced tax relief for homebuyers. Omaxe led the gains, surging 5%, while other developers also saw strong gains.

Realty stocks gain after government proposes tax relief on long-term capital gains for home buyers. Godrej Properties leads the rally with a 4% surge. Learn more.

Kerala Finance Minister K N Balagopal calls for a review of the GST tax sharing ratio, advocating for a 60% share for states. The current 50:50 ratio should be revised to 40:60 in favor of states,...

Kerala Finance Minister K N Balagopal clarifies that the funds received from the Centre are tax share and IGST settlement, not financial assistance. He also criticizes the Centre for blocking...

Finance Minister Nirmala Sitharaman assured the Lok Sabha that the Centre has timely released all funds due to Karnataka, rebutting claims of financial injustice. She highlighted the significant...

Finance Minister Nirmala Sitharaman assures Lok Sabha that all funds due to Karnataka have been released by the Centre, refuting the state's claims of financial injustice.