Question

As per the recommendations for Kerala, approximately what percentage of the State’s Own Tax Revenue is devolved as Development Fund (plan allocation) to Local Governments?

• A. 1%
• B. 6%
• C. 26%
• D. 50%

Answer 1

Answer:

C. 26%

• Development Fund is set as 26% of the state's own tax revenue and is meant for development expenditures at the local level.