Start learning 50% faster. Sign in now
The government released two instalments of tax devolution to states totalling over ₹ 1.16 lakh crore to help accelerate their capital expenditure as against normal monthly devolution of ₹ 58,333 crore. This would help strengthen the hands of states to accelerate their capital and developmental expenditure. Currently, 41 per cent of taxes collected by the Centre is devolved in 14 instalments among states in a fiscal year. Tax Devolution - It is based on a formulaic transfer of resources to states, determined by the Finance Commission. The tax devolution formula is based on the principles of need, equity, and efficiency. In other words, the formula is progressive – states in need of higher assistance receive a larger share of funds devolved.
Find the correct spelling of the word given below.
In the following question, four words are given, out of which only one word is correctly spelt. Find the correctly spelt word.
In the question below, a sentence is given with four words highlighted in bold. One of these four words may either be wrongly spelled or inappropriate ...
Read the following sentences carefully, choose the one that is grammatically/contextually incorrect, and mark it as your answer.
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word.
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word and click the button corresponding to it.
In each group, one word is correctly spelt. Find the correct word.