Telangana local bodies, parties seek greater share in devolution of funds
3 months, 2 weeks ago

Telangana local bodies, parties seek greater share in devolution of funds

New Indian Express  

HYDERABAD: Representatives of Telangana local bodies as well as political parties sought greater share in devolution of taxes from the Union government to the state. They submitted their suggestions to Sixteenth Finance Commission chairman Arvind Panagariya, who held a series of meetings with the representatives of panchayats, GHMC and also with leaders of various political parties here on Monday. Municipal chairpersons, former sarpanches and representatives of various business and trade organisations, members of state finance commission also met the SFC team, which also comprised secretary Ritvik Pandey and members Ajay Narayan Jha, Annie George Mathew, Manoj Panda and Soumya Kanti Ghosh. Principal Secretary, Municipal Administration, Dana Kishore briefed the committee members about the status of urban local bodies in the state.

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History of this topic

Telangana Fails to Meet Revenue Targets in First Six Months
1 month ago

Telangana Fails to Meet Revenue Targets in First Six Months

Deccan Chronicle  

Hyderabad: Telangana's revenue collection in the first six months of the financial year 2024-25 stood at Rs.1,25,989.74 crore, which is 45.97 per cent of the full year Budget estimates of Rs.2,21,242.23 crore. This marks a modest 5.28 per cent decline in revenue realisation compared to 51.25 per cent revenue collected during the corresponding period last year. Tax revenue was Rs.82,135.38 …

Telangana government constitutes a committee of officials to protect valuable assets locked in joint ventures
1 month, 2 weeks ago

Telangana government constitutes a committee of officials to protect valuable assets locked in joint ventures

The Hindu  

Deputy Chief Minister Mallu Bhatti Vikramarka has directed the constitution of a committee of senior officials for taking steps to protect valuable assets of the government in joint ventures. The Deputy Chief Minister expressed concern that private individuals were creating litigations on government properties by approaching courts and said the four-member official committee would be entrusted with the responsibility of …

Parties Seek More Funds for Telangana
3 months, 2 weeks ago

Parties Seek More Funds for Telangana

Deccan Chronicle  

Hyderabad: Political parties have almost unanimously asked the 16th Finance Commission for larger grants to Telangana when it decides on the devolution of funds between the Centre, the states and local bodies. The commission headed by Dr Arvind Panagariya arrived in Hyderabad on Monday and commenced consultations with representatives of political parties, local bodies, business and trade organisations as well …

Telangana boosts revenue with increased focus on stamps, excise, non-tax sources
4 months, 4 weeks ago

Telangana boosts revenue with increased focus on stamps, excise, non-tax sources

New Indian Express  

HYDERABAD: With welfare and implementation of six guarantees being its focal points, the state government mainly focused on Stamps & Registration department, Excise and non-tax revenue to generate additional revenue. The income from state excise is estimated to be Rs 25,617.53 crore as against 2023-24 AE of Rs 20,298.55 crore. Though the non-tax revenue is Rs 23,819.50 crore in 2023-24, …

Centre Not Giving Telangana Anything? Think Again, says Kishan Reddy
1 year, 6 months ago

Centre Not Giving Telangana Anything? Think Again, says Kishan Reddy

Deccan Chronicle  

Hyderabad: Union minister G. Kishan Reddy on Saturday held a nearly three-hour-long presentation to debunk claims by the state government and BRS that the Centre had done little for Telangana. In his presentation, titled ‘Government of India Contribution Towards Development of Telangana’, Kishan Reddy said every sector in the state had received Central assistance in some form or the other, …

AP, TS officials' meet on division of assets inconclusive
1 year, 7 months ago

AP, TS officials' meet on division of assets inconclusive

Deccan Chronicle  

VIJAYAWADA: Officials of Andhra Pradesh and Telangana state met at AP Bhavan in New Delhi on Wednesday in the presence of resident commissioners of both states – Aditya Nath Das of AP and Gaurav Uppal of Telangana, and deliberated on the division of assets pending between the two states. AP government has been insisting on implementation of recommendations made by …

Marginal increase in tax devolution to TS
1 year, 10 months ago

Marginal increase in tax devolution to TS

Deccan Chronicle  

Hyderabad: The Centre's tax devolution to Telangana has witnessed a slight increase in the new fiscal over the previous fiscal, according to the Union Budget presented in Parliament on Wednesday. The Budget has put the tax devolution to Telangana at Rs 21,470 crore against Rs 19,668 crore in 2022-23. Total resources being transferred to all the states, including the devolution …

Finance Commission decides distribution of net tax revenue to states: Nirmala
2 years, 3 months ago

Finance Commission decides distribution of net tax revenue to states: Nirmala

Deccan Chronicle  

HYDERABAD: Union finance minister Nirmala Sitharaman on Saturday slammed the Telangana government for claiming that taxes paid by the state were driving development elsewhere in the country and that the state was not getting recognition on this front. The distribution of net tax revenues among the states was decided by the Finance Commission based on a devolution formula and not …

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