One Nation, Many Burdens
The GST system of indirect taxation completes five years in 2022, and it already seems to have caused cracks in the idea of fiscal federalism. States feel shortchanged at losing revenue year after year. Was it worth surrendering their taxation powers to a GST Council that tends to agree with the Centre?
Kamalika Ghosh - January 28, 2022
Limits Of Ad Hoc Fiscal Federalism
Efficient intergovernmental competition requires a measure of competitive equality so that one state does not pass on the burden of its schemes to non-residents. Unless this is ensured, the more powerful actors can ride over the rest
M. Govinda Rao - January 28, 2022
The Whole Notion Of Federalism Is Broken, Says PTR
The Tamil Nadu finance minister Palanivel Thiagarajan tells Kamalika Ghosh how the GST system can be tweaked in the interest of states
Kamalika Ghosh - January 28, 2022