The share of states in revenue transfers in gross revenue receipts of the centre was at 48 9 per cen...........

Economic Affairs Public Finance and Debt Management

The share of states in revenue transfers in gross revenue receipts of the centre was at 48.9 per cent during the FC-XIII award period. What is the estimated percentage share of the same for Finance Commission – XIV?

42%

36%

49.4 %

55.3 %

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Explanation:

The share of states in revenue transfers in gross revenue receipts of the centre was at 48.9 per cent during the FC-XIII award period. 49.4% is the estimated percentage share of the same for Finance Commission – XIV.