The Economic Times

Assam State Budget 2026-27: FINER suggests higher devolution share and tax net widening

Ahead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Professional Tax exemption hike but argue for full abolition or alignment with income tax, citing low revenue and high administrative costs. FINER also stresses the need for a State Land Bank and faster conversion of agricultural land for industrial use to address a major pre-production hurdle.