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Pankaj Chaudhary Says States Must Boost Tax Revenue Now!

Pankaj Chaudhary Says States Must Boost Tax Revenue Now!

Folks, listen up! Pankaj Chaudhary, the finance whiz, is calling for states to crank up their tax revenue! Digitization is the key—no more slacking off! Since 2020, they’ve been sucking on central grants. And let’s talk about the SNA-SPARSH system for pensions—timely funds, folks! We need winners, not whiners! Make tax great again!

Quick rundown

  1. States need to boost their tax revenue strategies.
  2. Central grants have significantly increased over the last decade.
  3. Financial assistance of Rs 4,24,227 crore provided since 2020-21.
  4. Urban local bodies' tax efforts influence tied grants.
  5. SNA-SPARSH facilitates efficient fund flow for pensions.

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