This step down is in line with the recommendations of the Fourteenth Finance Commission (FFC), and, therefore, should not have come as a su...

The proposed tax structure has been criticised for being complicated and one that defeats the purpose of a single neat GST.

"I request you to issue necessary directions to NITI Aayog to consider funding such specific projects from Tamil Nadu from their special al...

The one scheme that will receive 100% central funding will be the Skill Development Mission being implemented as the Pradhan Mantri Kaushal...

Presenting the state budget for 2015-16, he said the criteria adopted by the Commission were "neither fair nor progressive"

Hill state of Uttarakhand is going to lose about Rs 2,800 crore, while Tripura may lose about Rs 1,500 crore, sources said.

The move supports Prime Minister Narendra Modi's view that one-size-fits-all approach does not work for all states.

The commission terms this "a modest increase over the course of five years" from the current financial year's projected ratio of 10.6%.

CM Chandrababu Naidu has sought liberal assistance from the Commission to help AP, which is facing financial problems including big budget ...

Gujarat will demand for higher allocation of central taxes from the fourteenth Finance Commission during its 2-day visit to the state from ...

'The global consensus on regulation has changed considerably. In the west, there is now a move towards more rather than less regulation.'

The government has constituted the Fourteenth Finance Commission (FFC), with distinguished membership and an excessively ambitious agenda.

In addition, the government often asks the commission to give its suggestions on certain fiscal issues that may have become urgent.

The cabinet may also take up the finance ministry's proposal for setting up the National Investment Board.

The union cabinet will on Thursday consider the proposal of setting up the Fourteenth Finance Commission and also freeze its terms of refer...

Fiscal sustainability through FRBM could be instrumental in generating fiscal space to address inflation growth trade-off.

The former Governor of the Reserve Bank of India, Yaga Venugopal Reddy, is set to head the Finance Commission.