Isbn: 9788177082388 - finance commissions & fiscal federalism in india: 1st finance commission (1952-53 to 1956-57) to (2 Ergebnisse)

Hardcover. Zustand: New. Dust Jacket Included. Contents I Fiscal Federalism Conceptual Settings 1 Features and problems of multi level finance II Evolution of Fiscal Federalism in India 2 Pre Independence history of fiscal federalism 3 Post partition financial adjustments 4 Fiscal relations under the constitution 5 Centralisation of revenues and the need for and mechanism of transfers III Level and Composition of Taxes in India 6 Trends in combined centre and states tax revenues 7 Level and composition of central taxes 8 Level and composition of state taxes 9 Sales tax and state level VAT 10 Taxation of agricultural income IV System of Revenue Sharing Through Finance Commission 11 Arrangements prior to the recommendations of the eleventh Finance Commission 12 Constitution eightieth amendment Act 2000 and the sharing of revenue from all central taxes 13 Additional duties of excise in Lieu of sales Tax 14 Grant in Lieu of Railway passenger Fares Tax 15 Grants in aid of revenues 16 Current issues in Indian fiscal federalism V Highlights and Summary of Each Finance Commission Report From First to Thirteenth Finance Commission 17 First Finance Commission 18 Second Finance Commission 19 Third Finance Commission 20 Fourth Finance Commission 21 Fifth Finance Commission 22 Sixth Finance Commission 23 Seventh Finance Commission 24 Eighth Finance Commission 25 Ninth Finance Commission 26 Tenth Finance Commission 27 Eleventh Finance Commission 28 Twelfth Finance Commission 29 Thirteenth Finance Commission VI State Local Financial Relations in India 30 State local financial relations in India VII Appendices VIII Glossary of fiscal terms IX Time Series public finance data on India Select Bibliography Index Finance is the life blood of a government Arrangements for finance are more complicated in a federal set up than in a unitary form of government A federal system creates a multiple polity based on divided functions and powers among central state and local governments Fiscal federalism as a branch of public finance deals with financial arrangements and their working in a federal polity Fiscal federalism is a subject of topical interest in India in view of some recent developments of historical importance With the passage of the Constitution Seventy third Amendment Act 1992 a uniform structure of Panchayats has emerged throughout the country Similarly the passage of the Constitution Seventy fourth Amendment Act 1992 was a landmark in the history of municipal administration in India As a result of these amendments Panchayats and municipalities are now constitutional bodies forming the third tier of the federal polity of India Furthermore the Constitution Eightieth Amendment Act 2000 significantly changed the manner of distribution of Central tax collections between the Central and State Governments Prior to this amendment income tax and Union excise duties were the only taxes shared with the states This amendment altered the pattern of sharing of Central taxes between the Centre and the States by providing for the sharing of the net proceeds of all Union taxes and duties with the states Still further the Constitution Eighty eighth Amendment Act 2003 included taxes on services under entry 92C in the Union list list 1 in the Seventh Schedule of the Constitution The fiscal Responsibility and Budget management Act 2003 requires rules to be made under the Act to specify the annual targets for reduction of fiscal deficit and revenue deficit contingent liabilities and total liabilities Spread over 30 chapters 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 Services Tax GST scheduled to be introduced from April 1 2011 also forms part of the book Besides it contains time series data 1950 51 to 2010 11 on Indias Public finances It also includes a. tables (illustrator).…

Zustand: New. pp. xlii + 569.