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Latest Articles in 15th Finance Commission

FinMin Releases Third Instalment Of Revenue Deficit Grant Of Rs 9,871 Cr To 17 States

The eligibility of states to receive this grant and the quantum of grant was decided by the Commission based on the gap between assessment of revenue and expenditure of the state.

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India's Tax Revenue Below Potential By About 4% Of GDP: NK Singh

The 15th Finance Commission report, tabled in Parliament in February, had highlighted that the actual tax collections by the Centre during the last ten years, on average, was 4 per cent less than what was budgeted.

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FinMin Releases Rs 45,000 Cr To States As Add'l Devolution On Buoyant Q4 Revenue Mop-Up

The 15th Finance Commission has recommended that the states be given 41 per cent of the divisible tax pool of the Centre during the 2020-21 fiscal.

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Need Fiscal Council Like Institution To Better Manage Centre, State Debt: NK Singh

The 15th Finance Commission has recommended that the states be given 41 per cent of the divisible tax pool of the Centre during 2021-22 to 2025-26, which is at the same level as was recommended by the 14th Finance Commission.

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15th Fin Comm Opted For Continuity, Predictability In Deciding Tax Devolution To States: N K Singh

The gross tax revenue (GTR) for the 5-year period is expected to be Rs 135.2 lakh crore. Out of that, divisible pool (after deducting cesses and surcharges and cost of collection) is estimated to be Rs 103 lakh crore.

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Revenue deficit grant of Rs 6,195 crore released to 14 states

Revenue deficit grant of Rs 6,195 crore released to 14 states

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15th Finance Commission Submits Report For 2021-26 To President

The Commission had submitted its report containing recommendations for the year 2020-21, which was accepted by the Union Government and tabled in the Parliament on January 30, 2020.

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15th Finance Commission holds virtual conference to discuss Union's revenue projections

15th Finance Commission holds virtual conference to discuss Union's revenue projections

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15th Finance Commission holds virtual conference to discuss Union's revenue projections

15th Finance Commission holds virtual conference to discuss Union's revenue projections

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Centre releases Rs 6,195.08 cr to 14 states as fourth equated monthly installment of the Post Devolution Revenue Deficit Grant

Centre releases Rs 6,195.08 cr to 14 states as fourth equated monthly installment of the Post Devolution Revenue Deficit Grant

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15th Finance Commission holds meeting with World Bank, HLG on Health Sector

15th Finance Commission holds meeting with World Bank, HLG on Health Sector

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Finance Commission Meets Advisory Council To Assess Covid-19 Impact On State Finances

While noting that tax collections can be considerably affected by the COVID-19 pandemic, some members said the impact on tax collections may also be asymmetric.

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