Tag: finance commission
Local bodies should look at raising their own resources as well: Arvind Panagariya
The rural and urban local bodies should look at raising their own resources and it will mobilise the citizens in terms of their expectations and…
Rise in cess, surcharge shrinking states’ share in divisive pool of taxes: Kerala CM
Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Thursday said that the cess and surcharge levied by the Centre was showing a “rising trend” and resulting…
Finance Commission would listen to views of all: Panagariya
The 16th Finance Commission is open to listening to the views of all states and consider all possibilities, including their grievance on facing a cut…
Telangana urges 16th Finance Commission to increase states’ share in Central taxes to 50%
Hyderabad: The Telangana Government on Tuesday requested the 16th Finance Commission to increase the share of states in Central taxes from the existing 41 per…
Centrally sponsored schemes may be cut to 50 from 75 on Finance Commission recommendations
The government may reduce centrally sponsored schemes (CSS) to 50 from 75 at present by merging some and phasing out those that are no longer…
Govt mulls setting up of eight new cities in country: Official
A plan to develop eight new cities to alleviate population burden on the existing urban centres in the country is under consideration, a senior official…
Government to set up 16th Finance Comm in 2023 to suggest Centre-state tax devolution beginning FY27
The government is likely to set up the 16th finance commission this year to suggest, among other things, the ratio in which tax is to…
G20 expert group constituted for strengthening MDBs
Under the aegis of India‘s G20 Presidency, a 11-member expert group has been set up to suggest measures to strengthen multilateral development banks (MDBs). The…
Swachh Bharat Mission Budget: Budget: Govt announces 150-pc hike in outlay of Swachh Bharat Mission-Urban; total allocation Rs 5,000 Cr
In a major boost to the Swachh Bharat Mission (Urban), the Centre on Wednesday announced a 150-per cent hike in the outlay of its flagship…