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Finance Commission keeps tax devolution for states at 41% in FY22

With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias

Topics
Budget 2021 | Union Budget | Finance Commission

Indivjal Dhasmana  |  New Delhi 



tax, tax laws, dispute, collection, expenditure
Illustration: Ajay Mohanty

The 15th has kept the transfer to states from the divisible tax pool to 41 per cent for 2021-22 to 2025-26. This is the same level as was recommended in its interim report for the current financial year and the previous report, if reorganisation of Jammu and Kashmir is taken into account.

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First Published: Mon, February 01 2021. 21:04 IST

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