business ๐๏ธ Tamil Nadu demands better central tax share
Tamil Nadu is preparing to introduce an Assembly resolution to secure a fairer portion of central taxes. This move involves the state government in the Legislative Assembly today, demanding a more equitable distribution. The resolution reiterates the state's long-standing demand for a larger share under the fiscal devolution mechanism. This stems from ongoing debates about the central tax distribution formula that allegedly disadvantages southern states. The action aims to safeguard Tamil Nadu's fiscal autonomy for its development programs.