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15th Finance Commission recommends maintaining vertical devolution
Updated : 2 months, 2 weeks ago IST
New Delhi [India], February 1 (ANI): In order to maintain predictability and stability of resources, especially during the pandemic, the report of 15th Finance Commission (FC) on Monday recommended maintaining the vertical devolution at 41 per cent, the same as in its report for 2020-21.
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15th Finance Commission submits report for 2021-26 to Finance Mini
Updated : 5 months ago IST
New Delhi [India], November 17 (ANI): The Fifteenth Finance Commission, led by Chairman NK Singh, submitted its report for the period 2021-22 to 2025-26 to the Finance Minister Nirmala Sitharaman, an official statement said here on Tuesday.
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Finance Commission to set up expert group to work out modalities o
Updated : 1 year, 2 months ago IST
New Delhi [India], Feb 1 (ANI): The 15th Finance Commission has decided to set up an expert group consisting of representatives from various ministries to work out the modalities on the demand of Defence Ministry for non-lapsable funds for the acquisition and levying of 'defence cess' to fin
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