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This paper examines the interactive impact of the state’s fiscal powers in the form of revenue decentralization when co … the positive effect of revenue decentralization on the states' investment decision. In simpler terms, the higher the use … of central grants to fund regional infrastructure investment, the lower is the impact of revenue decentralization …
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The complete separation of Union State taxing powers is one of the two chief characteristics of the financial provisions of the Indian federal system. The entire taxing area has been divided between the Union and the States and in that way, the possibility of double taxation has been totally...
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