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'The govt cannot release funds to states on request'

'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.' IMAGE: Kerala Chief Minister Pinarayi Vijayan addresses......

Gehlot: Kanhaiya Lal's killers should've been hanged, but...

Rajasthan Chief Minister Ashok Gehlot on Wednesday said the accused in the Kanhaiya Lal killing case in Udaipur were 'linked' to the Bharatiya Janata Party and should have been 'hanged by now' but......

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Congress MP Shashi Tharoor on Thursday alleged that "blatant subversion of the constitutional separation of powers" was taking place through the bill to replace the Delhi services ordinance and......

'Karnataka does not survive on Centre's largesse'

'Karnataka's finances are much healthier than the Union government's, which is indebted to nearly twice the extent of the state' IMAGE: Karnataka Chief Minister Siddaramaiah addresses a press......

Pinarayi Vijayan's Saga With Black

In Kerala, the use of black ranges from convenience to strictures by community and religion to fashion and personal choice.One would have to be really insecure or too fond of the well settled life......

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE) for the financial year 2023-24 (FY24) on the back of personal income tax revenues, but corporation tax receipts......

Tax devolution not about richer vs poorer states

Tax devolution shares, which threaten to create a north-south divide among states, may have more to do with per capita income, and not so much with population. IMAGE: Kerala Chief Minister......

Hybrid Vehicles May Race Ahead

Hybrids have helped Maruti acquire leadership in SUVs, a segment that was never its forte. Toyota has also risen with the hybrid tide to clock its highest-ever annual sales in 2023. IMAGE: The......

Tax devolution to states seen at 32%, but lags 15th FC advice

The Union government is projected to share about 32 per cent of central taxes with states during the financial year 2024-25 against the 15th Finance Commission’s recommendation of 41 per......

What experts say about interim Budget 2024

Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget: Illustration: Uttam Ghosh/Rediff.com Abheek Barua, Chief Economist, HDFC......

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