Tag: finance commission
Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plans
The Finance Ministry has directed central ministries and departments to prepare realistic expenditure and revenue estimates for the 2027-28 Union Budget, with a focus on…
16th Finance Commission keeps states’ tax share at 41%
The sixteenth Finance Commission recommended end of revenue deficit grant for the states, retaining state’s share in the divisible tax pool at 41% for the…
Economic Survey turns bullish on growth, cautions on uncertainty: Aditi Nayar, ICRA
The prescient and comprehensive Economic Survey for 2025-26 offers much food for thought. It has raised India’s potential GDP growth to 7% from 6.5%; on…
16th Finance Commission submits report to President Droupadi Murmu
New Delhi: The sixteenth Finance Commission led by Arvind Panagariya Monday submitted its recommendations to President Droupadi Murmu on how the tax pool will be…
16th Finance Commission submits reports to President Murmu; to be tabled in Winter Session of Parliament
Chairman of the 16th Finance Commission Arvind Panagariya on Monday submitted to President Droupadi Murmu the panel’s report, recommending the share of states in the…
Govt extends tenure of 16th Finance Commission till Nov 30
The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the…
Pai-led research group urges Finance Commission to mandate a cap on GST cess
A team of experts led by venture capitalist TV Mohandas Pai has urged the 16th Finance Commission to cap cess and surcharges to protect the…