Chennai, Aug. 7 -- The Tamil Nadu Assembly on Friday adopted an uanimous resolution urging the union Government to ensure fair and equitable tax devolution to states.
The resolution moved by Finance Minister Marie Wilson was adopted unanimously by voice vote with the support of all parties including the main Opposition DMK and the AIADMK.
Noting that fiscal and cooperative federalism are the Constitution's basic principles, the Finance Minister said a fair and balanced fiscal distribution system is essential for states to effectively discharge their responsibilities and highlighted Tamil Nadu's consistent economic growth, industrial progress, export performance, and prudent financial management, noting that the State has been making signi...