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.

15th Finance Commission concludes deliberations on 5-year report

15th Finance Commission concludes deliberations on 5-year report

Current Economic Slowdown Episodic, Says N K Singh

India's economic growth hit a six-year low of 5 per cent in the first quarter of the current fiscal.

Keep Fiscal Deficit At 3% Till March 2020, Says FRBM Panel

A high-level FRBM panel has recommended keeping budgetary deficit at 3 per cent of GDP in three years to March 2020 and setting up a new council to determine annual targets

FDI Sails Through Parliament

Oppn-Govt Standoff For 3rd Day In Par Over CAG Report