BJD to protest Centre’s decision to slash tax devolution

Bhubaneswar: After showering praise for Rail Budget; the ruling BJD today said it will protest the cut in tax devolution to States in the Parliament. Citing that Odisha stands to lose around Rs 4600 crore due the announced provisions of the budget, the BJD has trained its guns at the Central government and said that […]

129457

Bhubaneswar: After showering praise for Rail Budget; the ruling BJD today said it will protest the cut in tax devolution to States in the Parliament. Citing that Odisha stands to lose around Rs 4600 crore due the announced provisions of the budget, the BJD has trained its guns at the Central government and said that it will raise the issue in the parliament and also discuss it in the State Assembly.

“Depriving the States of their legitimate share is rather unfair. The finances of our state will be stretched on account of less than the anticipated transfer of resources from the Centre,” said Chief Minister and BJD supremo Naveen Patnaik soon after the Union Budget was presented.