GST needs fundamental restructuring, says Finance Commission Chairman

CNBC TV18

The 15th Finance Commission's final recommendations for the period between 2021 and 2026 have been tabled in the Indian parliament. The share of states in central taxes has been recommended at 41 percent, which is the same as 2020-2021. The commission has also said that the 2011 census data represents the needs of the states and helps to fairly reward states that have done better demographically.…

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