14 th finance commission report introduced in parliament by arun jaitley . commity recommended 42 percent share in central taxes for state govts .Telangana share would be 2.437 percent in central taxes while ap share is 4.305. Service tax share to telangana is 2.499 percent while ap is 4.305.Telangana wl get 4837 crores for rural local bodies and 2711 crores for urban local bodies between 2015-20. 14 th finance commission estimated Ap revenue deficit wl be 22,113 crores in coming 5 years.

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