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THIRTEENTH FINANCE COMMISSION
- Reference terms of the Fourteenth Finance Commission are wide-ranging
The government has constituted the Fourteenth Finance Commission (FFC), with distinguished membership and an excessively ambitious agenda.
- Restructuring package for state discoms will have minimal effect on fiscal consolidation path: India Ratings & Research, Fitch group company
Fitch group company says restructuring package for state discoms will have minimal effect on states' fiscal consolidation path
14th Finance Commission: Union Cabinet nod for setting up panelThe Union Cabinet on Thursday gave its nod to setting up of the 14th Finance Commission and also finalised its terms of reference.
- Fourteenth Finance Commission: Union cabinet may freeze terms of reference
The cabinet may also take up the finance ministry's proposal for setting up the National Investment Board.
- Union cabinet to consider constitution of Fourteenth Finance Commission on Thursday
The union cabinet will on Thursday consider the proposal of setting up the Fourteenth Finance Commission and also freeze its terms of refer...
- A reality check on the credit profile of states
Fitch Ratings has made a small beginning, profiling two southern states – Karnataka and Tamil Nadu. The two states have a better record on ...
- Kerala to move court on finance panel terms
Accusing the Thirteenth Finance Commission of constitutional trespass, Kerala plans to challenge in the Supreme Court the panel’s deficit r...
- Give royalty to local bodies
TFC urges state govts to share their royalties from mining with local bodies.
Revenue implications of GSTIf economic growth stays robust and compliance improves, a standard goods and services tax rate of 8% will be revenue-neutral.
- Revised diet chart for fiscal health
The government will reaffirm its resolve to achieve fiscal health at the earliest by committing itself to new goalposts through a change in...
- New maths could help govt cut revenue deficit
Though the reclassification may lower revenue deficit, it will not have any impact on fiscal deficit.
- Orissa fourth poorest state, 13th FC ignores state demand
Orissa has bettered from poorest state to fourth poorest, says FC.
- States seek 15%-plus rate for GST, April date in doubt
States have suggested a rate of 15%-plus for the goods and services tax (GST) even as doubts deepened over the rollout of this comprehensiv...
- Fin panel moots dual rate for GST, end to all sops
A task force on GST set up by the Thirteenth Finance Commission has recommended the tax on all goods and services be dropped to 5% at the C...
- It pays to be a state govt employee or retiree: Study
Salaries and retirement benefits of all state government employees, which were as high as one-third of the aggregate revenue expenditure or...
- Cause of true federalism may be at risk with finance commission terms
The Thirteenth Finance Commission’s terms of reference (TOR) could potentially weaken its ability to be an impartial arbiter, surmised a re...
- Financial panel to examine off-budget expenses
The government on Thursday took the first step towards assessing and eventually limiting the impact of the much-criticised off-budget subsi...