💥UPSC 2026, 2027 UAP Mentorship (Dec Batch) + Access To XFactor Notes & Microthemes PDF
January 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  

Tax Reforms

Tax contribution by States needs to be revisited

Note4Students

From UPSC perspective, the following things are important :

Prelims level: 16th Finance Commission

Mains level: inclusion of tax contribution, particularly from Goods and Services Tax (GST) and petroleum consumption, as a significant efficiency indicator in the distribution formula used by Finance Commissions to allocate Union tax revenue among states.

JOIN THE COMMUNITY

Join us across Social Media platforms.