Page 2 - 15th Finance Commission

Increasing fiscal constraints

Govt must focus on mobilising more revenues

15th FC urges states to tax property and professions more to boost finances

The Finance Commission has also advised the union govt to eschew cess to keep Centre-state tax pool in good health, and go for a Constitutional amendment to help states raise profession tax limit

15th FC report: Annual GST losses hit Rs 4 trillion on lower rates

Finance Commission finds inconsistencies in GST, bats for change, simplification and a three-rate structure

FC report: Andhra Pradesh, Assam to West Bengal, who gets how much

The new distribution under horizontal devolution remains broadly unchanged compared to the interim report

Finance Commission report: States' borrowing window, health spending & more

States will receive Rs 10.33 trillion in grants

15th Finance Commission keeps tax devolution to states FY22-26 at 42%

The 15th Finance Commission has recommended that the states be given 42 per cent of the divisible tax pool of the Centre during the period 2021-22 to 2025-26

15th FC may recommend farm export incentives for states in Budget session

The final report is expected to be tabled in Parliament during the Budget session that begins on Friday.

Budget Byte: How GST collections and share of central scheme alter spending

While the actual expenditure on centrally sponsored schemes was more than the Budget estimate for FY17 and FY18, the target remained unmet in FY19 and FY20 (revised estimate)

Increase health spending to 2.5% of GDP, says 15th FC chairman N K Singh

Bats for a PPP model to address the deficit in health infrastructure

Centre releases Rs 6,158 cr to 14 states as revenue deficit grant

A similar amount was released as grant in the April-October period of the current financial year.

Centre releases Rs 6,195 crore to 14 states: FM Nirmala Sitharaman

A similar amount was released as grant in April-October period of the current financial year

15th FC submits report to President, keeps tax devolution to states at 41%

Report, submitted on Monday, addresses fears of southern states on population criteria

Top headlines: Passenger vehicles sales dip; Finance Commission report out

The Bombay High Court refused to grant interim bail to TV journalist Arnab Goswami.

15th finance panel finalises recommendations, to submit report on Nov 9

The report will be tabled in Parliament by the Union finance minister

Discussion on report over, FinCom set to present it to President on Nov 9

The report will be tabled in Parliament by the union finance minister along with an action taken report of the government

15th Finance Commission on course to finalise report by end of this month

The 15th Finance Commission is on course to finalise its report by October 30, an official statement said on Wednesday

Barking up the wrong tree

Strengthening the revenue forecasting system will yield better results than fixing deficit targets within a range

We may go terribly right or wrong, says 15th FC chairman N K Singh

Singh told Arup Roychoudhury and Indivjal Dhasmana that the Commission could recommend spending 2.5 per cent of GDP on health in the light of the Covid-19

Centre, states may welcome N K Singh's plan for fiscal deficit range

The 15th Finance Commission Chairman had pushed for a range instead of a fixed number, saying it is more realistic and will lead to less accounting engineering

Top headlines: India Inc's EBITDA to shrink 24%, Soota's IPO jackpot

From Centre releasing rants for states amid Covid, India-China agreeing on a 5-point plan to Moody's saying India Inc's EBITDA to shrink, Business Standard brings you top news of the evening