Sovereign Green Bonds (SGrBs): The Reserve Bank of India, on behalf of the Government of India, has been auctioning SGrBs to finance green projects in the public sector. This initiative, aligned with ...

T Rabi Sankar, currently serving as Deputy Governor of the Reserve Bank of India (RBI), has been appointed as a part-time member of the 16th Finance Commission.

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 ...

Jubilant Bhartia has received approval from India’s competition watchdog to acquire a 40% stake in Hindustan Coca-Cola Holdings.

Finance Commission’s workings need a greater degree of transparency India’s federal structure is under stress on several grounds, particularly tax devolution between Centre and states, and ...

The Indian government of Prime Minister Narendra Modi is seeking to cut the federal tax revenues that states receive, three sources with direct knowledge of the matter said. The suggestion will be ...

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 ...

India looks poised to surpass the position of the third-largest economy by 2030, Arvind Panagariya, the chairman of the 16th Finance Commission of India, has said, adding the country's GDP is ...

The Union Government has released the Fifteenth Finance Commission (XV FC) Grants during the financial year 2024–25, for the Rural Local Bodies (RLBs) of Haryana, Tripura and Mizoram.

The recommendations of the finance commission must not be reduced to mere promises of justice and good conscience. The government must adopt it into policy and decision-making.

The sixteenth Finance Commission's role in distributing tax revenues among the Centre and States, with public input and recommendations.