Finance Commission'

Need fiscal council like institution to better manage Centre, state debt: Finance Commission Chairman NK Singh

Need fiscal council like institution to better manage Centre, state debt: Finance Commission Chairman NK Singh

15th Finance Commission Chairman NK Singh on Monday called for setting up a Fiscal Council like institution to better manage the debt tra...Read More

Cess, surcharge share doubles to 19.9% of central taxes in FY21: Report

Cess, surcharge share doubles to 19.9% of central taxes in FY21: Report

Under the existing Finance Commission (FC) framework, the cesses and surcharges collected by the Centre are not part of the tax devolution.

15th Finance Commission presents FY22-26 report to FM

15th Finance Commission presents FY22-26 report to FM

"Chairman @NKSingh_MP and Members of the 15th Finance Commission presented a copy of the Commission's report for 2021-22 to 2025-26 to Fi...Read More

Finance Commission to submit report to President on Nov 9

Finance Commission to submit report to President on Nov 9

In a statement on Friday, the commission said that it has concluded the deliberations on the report.

Finance Commission on course to finalise report by October 30

Finance Commission on course to finalise report by October 30

The 15th Finance Commission is well on course to complete the final report for 2021-2026 by the mandated deadline of October 30, said an ...Read More

India plunder – Part II: How Finance Commission weightages were tweaked to promote profligacy and irresponsibility

India plunder – Part II: How Finance Commission weightages were tweaked to promote profligacy and irresponsibility

Except for brief periods, much of North Indian history has been one of invasions, and petty infighting. Few empires survived for more tha...Read More

Finance Commission panel for range of fiscal deficit target for Centre, states

Finance Commission panel for range of fiscal deficit target for Centre, states

The economic advisory panel of the 15th finance commission on Friday suggested providing a range rather than a number as fiscal deficit t...Read More

Finance Commission to deliberate on GDP growth, GST compensation

Finance Commission to deliberate on GDP growth, GST compensation

An official statement on Thursday said that the meeting is for a "final discussion on GDP growth, tax buoyancy of the Centre and the stat...Read More

Centre trying to put the cart before the horse: Kerala FM Issac

Centre trying to put the cart before the horse: Kerala FM Issac

An eminent economics scholar and a former professor, Issac expressed his anguish in the Centre trying to set new precedence to take away ...Read More

15th Finance Commission’s fiscal roadmap meet: Coronavirus impact on the discussion table

15th Finance Commission’s fiscal roadmap meet: Coronavirus impact on the discussion table

A committee under the 15th Finance Commission on Thursday will discuss the fiscal consolidation roadmap of the central and state governme...Read More

Maharashtra government to move Finance Commission for higher central devolution of funds

Maharashtra government to move Finance Commission for higher central devolution of funds

Already there has been a revenue outfall of Rs 1,40,000 crore due to lockdown. A senior bureaucrat told FPJ, "The government had estimate...Read More

Finance Commission's advisory panel for supporting small business, NBFCs

Finance Commission's advisory panel for supporting small business, NBFCs

The Advisory Council also felt that the magnitude of the impact of these developments on public finances is uncertain but will certainly ...Read More

FinComm: 41% share of taxes for states; 1% for J&K, Ladakh in FY21

FinComm: 41% share of taxes for states; 1% for J&K, Ladakh in FY21

Mumbai: The 15th Finance Commission recommended 41% share in the divisible pool of taxes for states and 1% for the newly created Union te...Read More

Finance Commission talks on GST stabilisation

Finance Commission talks on GST stabilisation

"Advisory Council was informed about submission of the 2020-21 report and now the Commission is on its next task of preparing the report ...Read More

Cabinet extends term of 15th Finance Commission

Cabinet extends term of 15th Finance Commission

The cabinet "approved the 15th Finance Commission to submit first report for the first fiscal year viz.

Army chief interacts with members of 15th Finance Commission; highlights need for specialised equipment

Army chief interacts with members of 15th Finance Commission; highlights need for specialised equipment

Jammu: Chief of Army Staff (COAS) General Bipin Rawat visited Leh belt of Ladakh sector on Tuesday and interacted with members of the 15t...Read More

Govt should take CMs' views before changing 15th Finance Commission's terms of reference: Manmohan

Govt should take CMs' views before changing 15th Finance Commission's terms of reference: Manmohan

New Delhi: Former Prime Minister Manmohan Singh on Saturday said the government should have taken chief ministers' views before changing ...Read More

Finance Commission to meet RBI Governor on May 8

Finance Commission to meet RBI Governor on May 8

New Delhi: The 15th Finance Commission will meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions dur...Read More

Maharashtra has good fiscal health: Finance panel after CM meet

Maharashtra has good fiscal health: Finance panel after CM meet

Mumbai: Members of finance commission, who are on a three-day visit to Maharashtra since Monday, have suddenly gone on a back foot from t...Read More

15th finance commission: Political parties meet, put forth suggestions

15th finance commission: Political parties meet, put forth suggestions

Mumbai: The Congress party, at its meeting with the finance commission on Tuesday, demanded the implementation of the National Agricultur...Read More

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