constituent assembly of india debates (proceedings)- volume vii

1938-39 2,51 1,50 3,05
1939-40 2,56 2,79 3,04
1940-41 1,85 4,16 3,04
1941-42 1,95 7,39 3,03
1942-43 1,40 10,90 2,76
1943-44 1,38 19,50 5,75 (a)
1944-45 1,49 26,56 8,70 (b)
1945-46 1,57 28,75 9,70 (c)
TOTAL
1946-47 (Revised Estimate) 2,80 29,87 1,70
20,16 1,32,67 43,91(d)
(a) Includes 3,00 Special Grant to Bengal. (b) Includes 7,00 Special Grant to Bengal.
(c) Includes 8,00 Special Grant to Bengal. (d) Includes 7 roundly in all for Coorg.
Annexure III APPENDIX B
Tax
1. Income tax (other than on
agricultural income). [Sec. 138 of
the Government of India Act,
1935 and item 54 in Federal
Legislative List.]
SUMMARY OF PROVINCIAL SUGGESTIONS
Assignment existing or
contemplated
Part I - Taxes
A maximum of 50% of the net
proceeds to be distributed among
provinces.
Provinces proposing
U. P.
Madras
Bombay
C. P.
West Bengal
Bihar
Assignment Proposed for
provinces
A minimum of 50% of net
proceeds.
75% of income tax and
corporation tax receipts for
provinces or 75% of the
corporation income and super
taxes paid by residents in a
province to be earmarked for that
province. From the divisible pool
from corporation and income tax
33 1/3 % should be allotted to
Bombay which is the largest
single contributor to the revenue.
50% for provinces on population
basis
75% Tax on Agricultural income
also should be collected by
collected by centre.
60% to be distributed in
proportion to the collection of
these taxes in provinces.
Even on the basis of population
Bihar should have received 17
crores as against 13 allotted. In