The record
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- The Maharashtra government has formed a committee to find ways to increase tax and non-tax revenues to support the Viksit Maharashtra @ 2047 development vision.
- Led by economist Vijay Kelkar, the group will examine revenue sources including GST, liquor taxation, and mineral royalties over the next six months.
- The committee is also tasked with suggesting institutional reforms to improve the efficiency of state expenditure and financial management.
- Its recommendations are intended to help the state meet its fiscal responsibility targets while increasing investments in infrastructure and social sectors.
What to watch next
- Submission of committee recommendations within six months.
- Potential regulatory changes to alcohol taxation.
- Implementation of new revenue forecasting and research capacity in the finance department.
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Named India · Ashima Goyal · Government of Maharashtra · Karthik Muralidharan · Maharashtra Sustainable Public Finance Committee · Nitin Kareer · Pune International Centre · T Rabi Sankar · Vijay Kelkar
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