Former Planning Commission member N.K. Singh is appointed the new chairman of the 15th Finance Commission. With a new chairman, there would be changes in the way of functioning of the Finance ...

NEW DELHI: Two former finance commission chiefs N K Singh and Vijay Kelkar have raised key issues that policymakers need to address in the coming years to deal with changes in the economy. Kelkar ...

The clocks of justice in India can tick faster with the right reforms. With thoughtful interventions from public institutions ...

As PM, India’s Modi secretly tried to massively cut state funds. Modi tried to force the Finance Commission to cut back on the amount of tax revenue meant for India’s states.

Top 5 Current Affairs of the Day for Govt. Jobs: ... Finance Commission,WTM,NITI Aayog, ... 1.India to Launch European Union’s Solar Observatory Satellite Proba-3.

Cabinet extends tenure of 15th Finance Commission. Difficulties in projections due to economic uncertainties may have led to extension; Reward period of the current finance commission will be of 6 ...

The finance commission should focus on increasing the size of the cake rather than its distribution. In 2011-12 the divisible pool made up 88 per cent of the union government’s tax revenue, but ...

Every five years, India sets up a Finance Commission to suggest the formula for sharing of taxes between the federal and state governments, and make recommendations on public finances.

A ten-member delegation from the 16th Finance Commission of India, led by Annie George Mathew, visited the scenic Ziro Valley in Lower Subansiri District today to assess development initiatives ...

The federal government will recommend the share of taxes going to states be reduced to at least 40% from the current 41%, said one of the sources. The proposal is likely to be cleared by the cabinet ...

The level and uniformity of public service improvement is a useful gauge by which one can measure the success of the terms of reference of the current 15th Finance Commission. The emphasis in the ...