*Centre Proposes to Cut States' Tax Share from FY27 🚨* The Modi-led Central government plans to reduce the share of taxes given to states from *41% to 40% starting from FY27.* This proposal will be sent to the Finance Commission of India, headed by economist Arvind Panagariya, by the end of March. *To Read full Article:* https://www.moneycontrol.com/news/business/economy/centre-proposes-to-cut-states-tax-share-from-fy27-report-12951788.html