A well-defined, time-limited settlement framework is not a departure from regulatory vigilance, it is the scaffolding on ...

The suggestion will be made to the constitutionally-appointed Finance Commission of India, which makes recommendations on tax sharing along with other aspects of federal-state fiscal relations ...

The Commission, which completed its state visits recently, is now going through detailed memoranda submitted by states and ...

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.

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

Ambit estimates that the hike will be significantly higher than the ~14% increase approved under the 7th Pay Commission, the ...

The 16th Finance Commission of India on Monday applauded Uttarakhand for its fiscal management and efforts to increase income.

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 ...

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 ...

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 Ranchi.

The finance commission’s terms of reference (ToR) specified in the Constitution of India (Article 280 [3]) mandates (i) distribution and allocation of net proceeds of shareable taxes between the union ...