The 15th finance commission chairman NK Singh on Friday said India's tax revenue potential is lower by 4 per cent of GDP and the country needs to bring in deep reforms in the revenue management system. He also said an incentive mechanism for states needs to be worked out so that their policies are aligned to those of the central government.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3nhfTCE
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