Taxes Levied and Collected by the Centre but Distributed between the Centre and the States(Article 270)

The Complex Dance of Fiscal Federalism: Understanding Article 270 and the Distribution of Taxes in India India’s federal structure, enshrined in its Constitution, necessitates a complex system of revenue sharing between the central government (Centre) and the state governments. This intricate dance of fiscal federalism is governed by Article 270 of the Constitution, which outlines … Read more

Proportional Taxation

Proportional Taxation: A Fair and Equitable System? Proportional taxation, also known as a flat tax, is a system where everyone pays the same percentage of their income in taxes, regardless of their income level. This stands in contrast to progressive taxation, where higher earners pay a larger percentage of their income in taxes, and regressive … Read more