Abstract
This research paper aims to provide a comparative study on the fiscal federalism of India and Canada. Both India and Canada have a federal form of government, but their fiscal federalism systems differ in many aspects. This paper analyzes the historical development, constitutional provisions, tax systems, revenue-sharing mechanisms, and challenges of fiscal federalism in India and Canada. The paper concludes that while both countries face challenges in fiscal federalism, Canada has a more established and effective system due to its focus on revenue sharing and cooperative federalism. This paper will examine the key features of Canada's fiscal federalism model and explore the lessons that can be drawn for India.
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