Tax Refund for states to be increased by the 16th Finance Commission?

Tax Refund for states to be increased by the 16th Finance Commission?

Orderbook
Timeline
Overview
About the event
Source of Truth
Official Announcement by the government
Trading started on
13 Sep, 2024
Event expires on
31 Mar, 2025
Event Overview & Statistics
The finance ministers of these participating states agreed with Vijayan that states need to receive more funds from the Centre. Vijayan said that, as per Article 270 of the Constitution, surcharges and cesses are excluded from the divisible pool of taxes shareable with the states...Read More
Rules
TIME: The event will expire at 11:59 PM on 31 March 2025 or earlier in case the announcements are made. Any announcement after 31 March 2025 shall not be considered. SETTLEMENT: The event will be settled with 24 hours of expiry. RULES: 1. The event will settle at yes either direc...Read More