The health budget of 2021 is extremely important given the backdrop of pandemic-induced disruptions in the social and economic lives of the people. This year’s Economic Survey emphasiz...

The 15th Finance Commission has recommended that states, along with Ladakh and J&K, be given 42 per cent share in the divisible tax pool of the Centre during the period 2021-22 to 2025-26. The sha...

The 15th Finance Commission, tasked to recommend the devolution of the central taxes among the Union government and the states, has submitted its report to the President. The commission, headed by N....

The 15th Finance Commission will submit its report for financial years 2021-22 to 2025-26 to President Ram Nath Kovind on November 9, an official statement has said. The commission und...

Crises represent danger, inflict losses that can be universal and yet disparate, and involve expenditures. They divert attention from other issues and priorities, often uncovering new or neglected iss...

Finance minister Nirmala Sitharaman spoke of the possibility of another round of stimulus and said the Centre would come out with fresh growth and budgetary estimates for the pandemic-ravaged fiscal. ...

The 15th Finance Commission will hold a meeting with its economic advisory panel on Friday to discuss the issues of GDP growth, GST compensation and fiscal consolidation. Chairman N.K. Singh and the ...

Panchayat bodies in Jharkhand, which have started receiving the first instalment of the grants from the Fifteenth Finance Commission for 2020-2021, are glad to continue the development work but claime...

India will see a sharp V-shaped recovery in the third and fourth quarter of the current fiscal, but GDP in 2020-21 would ultimately contract as the coronavirus lockdown has led to serious demand and s...

The Tripura government will provide arrears and other allowances to employees after receiving funds from the Fifteenth Finance Commission, chief minister Biplab Kumar Deb said in a press release issue...