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Why cutting share of states to fund defence is a bad idea

The shift in the fiscal centre of gravity means that things that constrain states’ finances would worsen the slump.

Nirmala Sitharaman

Sep 18, 2019, 03.02 AM IST



Indian tax panel unlikely to favour tax rate cut for auto sector: Sources

A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as 500 billion rupees.

Sitharaman isn't done yet. Govt to announce one more economic booster dose this week

RBI Governor Shaktikanta Das had said the government has...

Govt's fund will help complete up to 2.5 lakh housing units in 7 major cities

In the fund, Rs 10,000 crore will be contributed by the central...

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