Centre to hike Delhi’s share in taxes | delhi | Hindustan Times
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Centre to hike Delhi’s share in taxes

The Capital can look forward to spending more on development projects.

delhi Updated: Jan 18, 2013 00:07 IST
HT Correspondent

The Capital can look forward to spending more on development projects.

The Delhi government said the central government has agreed to consider its demand to hike its share in central taxes from the current Rs. 325 crore to Rs. 3500 crore and to treat the capital on par with other states on funding from Central Finance Commission to civic bodies.

Chief minister Sheila Dikshit made these demands at a pre-budget consultation meeting with Union finance minister P Chidambaram yesterday.

Dikshit demanded a substantial hike in the central taxes share which stands frozen at Rs. 325 crore since 2001-02.