what is financial federalism in India
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Federalism has been defined as combining self-rule with shared rule. ... Financial Federalism is mandatory because it aims at uniform development of the country. The structure of sales taxation in India clearly fits in the bracket for a federal structure.
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Answer:
Federalism has been defined as combining self-rule with shared rule. ... Financial Federalism is mandatory because it aims at uniform development of the country. The structure of sales taxation in India clearly fits in the bracket for a federal structure.
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