Supreme Court ruling industrial alcohol

Supreme Court Ruling on Excise Duty & Fiscal Federalism

State Governments’ Power to Levy Excise Duty on Industrial Alcohol In recent news, the issue of state governments’ power to levy excise duty on industrial alcohol has sparked debates and discussions across the nation. This matter holds significant importance, especially for students preparing for government exams, as it pertains to the broader understanding of fiscal…

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"16th Finance Commission India"

16th Finance Commission India: Arvind Panagariya Heads, Impact on Fiscal Federalism

India Forms 16th Finance Commission under Economist Arvind Panagariya The Indian government has recently constituted the 16th Finance Commission, spearheaded by distinguished economist Arvind Panagariya. This commission is entrusted with the significant responsibility of formulating recommendations regarding the allocation of finances between the Centre and the states. It succeeds the 15th Finance Commission, marking a…

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