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Going truly federal: Why states should be allowed to levy an income tax

We need to ask why, in India, income tax is levied only by the Centre while in many other federations, the constituent units also levy it

Topics
Income tax | Pre-Budget meetings | Union Budget

T C A Srinivasa-Raghavan 



T C A Srinivasa-Raghavan

The finance minister met state finance ministers recently for a pre-Budget meeting. As expected, they told her they wanted more money. How much more they eventually get depends on their negotiating skills and the Centre's bloody-mindedness. Time will tell.

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First Published: Mon, November 28 2022. 10:55 IST

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