As India approaches the 8th Pay Commission, a significant salary increase of 30-34% is anticipated for government employees.

Under the 7th Pay Commission, a multiplication factor of 2.75 was used to calculate the revised pay, meaning the basic salary ...

An email sent to the Ministry of Finance and the Finance Commission did not get any response. The share of taxes going to the state governments has jumped from 20% in 1980 to 41% now.

Successive Finance Commissions (FCs) have aided the cause, no doubt, but the country’s vulnerabilities have also grown.

The 16th Finance Commission of India held a press conference in Gangtok today, where Dr. Arvind Panagariya, Chairman of the Commission spoke on the financial health and development of Sikkim.

T he 16th Finance Commission of India on Monday applauded Uttarakhand for its fiscal management and efforts to increase income. Commission Chairman Dr Arvind Panagariya and other members, on a ...

India’s FM Nirmala Sitharaman discusses economic growth, GST reforms & financial devolution, aiming to maintain fastest-growing economy status.

Dr. John Mathai served as India's Finance Minister from 1949 to 1950. He presented two budgets, with his second budget introducing the Planning Commission, which was crucial for India's planned ...

TIRUPATI: 16th Finance Commission Chairman Prof. Arvind Panagariya on Thursday said India could become a high-income country by 2047 if it sustains a 7.8% annual growth rate with the right reforms ...

Meghalaya Chief Minister Conrad K Sangma advocated for enhanced financial support to the smaller Northeastern states, citing their unique geographical, economic, and developmental challenges. Sangma ...

State Finance Minister Radha Krishna Kishore demanded financial assistance of Rs 303527.44 crore in a high-level meeting with the Commission Chairman Arvind Panagariya in Close this menu Thursday ...