States get 41% of the divisible pool in 14 instalments: the Finance Commission devolution formula GS3 tests
States receive 41% of divisible tax pool
खबर में क्यों? Advance tax devolution of ₹1.09 lakh crore; UP received the most.
प्रीलिम्स The divisible pool consists of Union tax revenue excluding cesses, surcharges and the cost of collection.
मेन्स GS3 (Indian Economy) and GS2 (Federalism): vertical devolution via the Finance Commission under Article 280 and Article 270 addresses the Centre-State…




















