Sat, Oct 12, 2024
The untied grants will enable panchayats to address specific local needs across 29 subjects under the 11th Schedule of the Constitution.
More >
Thu, Jan 18, 2024
In a notification dated December 31, 2023, the government appointed former Niti Aayog vice chairman Panagariya as chairperson of the 16th Finance Commission.
The Cabinet has approved the creation of three posts at the level of Joint Secretary i.e. two posts of Joint Secretary and one post of Economic Adviser for the 16th Finance Commission.
Sun, Aug 20, 2023
"The Finance Commission is expected to be constituted by end of November because that's the statutory requirement," finance secretary TV Somanathan told PTI. Terms of Reference for the commission is being finalised, he said.
Sun, Apr 09, 2023
The central government accepted the report of the commission, and accordingly, the states are being given 42 per cent of the divisible tax pool of the Centre during the period 2021-22 to 2025-26.
Sun, Jul 19, 2020
The Ministry of Housing Affairs has suggested the Finance Commission to increase the total allocation to urban municipal bodies by around four times.
Sun, Mar 22, 2020
Centre has released the pending instalment of the grants to state governments under the 14th Finance Commission that was withheld as local elections had not been taken place in these territories, Finance Minister's office said on Saturday.
Mon, Feb 10, 2020
In a major development, Union Minister of State for Finance & Corporate Affairs Anurag Singh Thakur has made it clear that the Modi government has no plans to give permanent status to the finance commission.
Mon, Oct 01, 2018
Chairman of the 15th Finance Commission N.K. Singh on Monday assured to consider sympathetically demands of Bihar after state Assembly Speaker Vijay Kumar Choudhary raised the issue of injustice to Bihar by the NITI Ayog.
Fri, Nov 24, 2017
The NDA government has used NK Singh’s services as the chairman of the committee to suggest a future fiscal roadmap by reviewing the FRBM legislation. He submitted the report early this year.
Wed, Nov 22, 2017
The commission would recommend the formula for sharing taxes between the Centre and the state and allocation of each state for the five-year period between 2020 and 2025.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
