Summary |
This book provides a detailed description and analysis of the evolution and the present structure of fiscal federalism in India. In particular, it contains highlights and summary of each Finance Commission Report from First to Thirteenth Finance Commission. A detailed note on the National Level Goods and Service Tax (GST) – scheduled to be introduced from 1, 2011 – also forms part of the book. besides it contains time-series data (1950-51 to 2010-11) on India’s public finances. It also includes a glossary of fiscal terms.
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