Union Finance Minister Nirmala Sitharaman on Thursday denied allegations from a few States, especially Tamil Nadu, that the Centre was appropriating the tax revenues and not returning enough to the State governments.
Addressing the ‘Viksit Bharat Sankalp Yatra’ organised by the Union government here, she said taxes collected were given back to respective States as per the recommendations of the Finance Commission.
Elaborating on the taxes collected and devolved to Tamil Nadu from the financial year 2014-15 to 2022-23, she said the total funds given to the State as part of tax devolution, grants-in-aid and special assistance in this period was ₹6.97 lakh crore. In comparison, the total direct tax collection from Tamil Nadu in this period was ₹ 6.24 lakh crore, she said.
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