The basic tool in fiscal federalism is (Points : 1)the federal government's power of the purse.
the federal government's ability to raise armies.
the federal government's ability to sue states.
the Interstate Commerce Clause.
fiscal policy tolls impact the sweet smell of grren vagina in the morning under the tuscan sun.
Increase federal expenditures
government spending and taxation
Monetary policy is a tool in India that is used the Reserve Bank to regulate interest rates. Fiscal policy in India is a tool that regulates their economy.
The fiscal policy, which is, controlling the level of taxes and government spending, is left to the government. On the other hand, the monetary policy, that is, the tools fr controlling money supply in the economy, is controlled by the central bank.
Fiscal Federalism is the disposition of tax powers and financial responsibilities among the various level of government in the federation.
The federal government gives states list of things to do by limiting the money given to them. Coercive federalism, in which the federal government reduced its reliance on fiscal tools to stimulate inter-governmental policy cooperation and increased its reliance on regulatory tools to ensure the supremacy of federal policy.
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Bhajan S. Grewal has written: 'Towards adaptive federalism' -- subject(s): Federal government 'Fiscal federalism in India' -- subject(s): Intergovernmental fiscal relations
Fiscal federalism has strengthened federal authority by enabling Washington to use federal funds to influence the state. They also place restrictions on how the state and local government can conduct programs funded with this money.?æ
Yes these are same................
what are the fiscal and monetary tools used in year 2008 budget of nigeria
Expenditure of Federal funds on programs run in part through state and local governments
Fiscal policy
ALBERTO DIAZ-CAYEROS has written: 'FEDERALISM, FISCAL AUTHORITY, AND THE CENTRALIZATION IN LATIN AMERICA'
Garth Stevenson has written: 'Federalism in Canada (Oxford)' 'Parallel Paths' 'Mineral resources and Australian federalism' -- subject(s): Mineral industries, Intergovernmental fiscal relations 'Unfulfilled union'
To maintain constitutional requirement of Fiscal federalism in India, requirement for both SGST and IGST arises