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Description
Federal Finance In India is a detailed academic examination of India’s fiscal federalism and the intricate financial arrangements between the central government and state governments. The work delves into the constitutional provisions, legislative frameworks, and practical mechanisms that govern the distribution of financial resources across India’s federal structure.
K. T. Shah provides an in-depth analysis of revenue sharing, tax allocations, grants-in-aid, and other fiscal transfers. The book explores the evolution of India’s federal finance system, examining key constitutional amendments and finance commission recommendations that have shaped the country’s financial federalism.
This scholarly work is essential reading for policymakers, economists, administrators, and students of public finance seeking to understand India’s complex federal financial architecture and the challenges of maintaining fiscal balance across diverse states and regions.
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