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A tax that served India’s interests – no more

March 28, 2025 6:59 am

The equalisation levy has been withdrawn even when there is no global tax deal

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Delhi paid second-highest income tax but denied legitimate share in Central taxes: Arvind Kejriwal to Union FM Nirmala Sitharaman

July 25, 2023 8:23 pm

Arvind Kejriwal asked the Union finance minister Nirmala Sitharaman to consider Delhi as a “unique case” in this regard and include it in the Terms of Reference of the 16th Finance Commission which would be constituted shortly with its recommendations to cover five years starting April 2026.

4 states with negative cash balance to gain from frontloading

November 19, 2021 12:56 am

Frontloading of tax devolution amount will help in meeting expenditure needs, especially on the capital expenditure front, though states have concerns about lower revenue flow.

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AAP's demand unmet as Delhi's share in central taxes remains same as last 18 years

July 05, 2019 6:40 pm

In a pre-Budget meeting convened by the Union Finance Minister Nirmala Sitharaman last month, Deputy Chief Minister Manish Sisodia had demanded Rs 6,000 crore for Delhi as the share from the Central taxes. He had said that the city has been getting only Rs 325 crore for the last 18 years.