GoI has accelerated its capex budget since the pandemic with matching allocations for states but has found greater slippage in their abilit...

To be sure, the size of municipal budgets in India are much smaller than peers in other countries, while revenues are dominated by property...

Similar to goods and service tax compensation, which was agreed upon for this entire year and already given by early November, some chief m...

Revenues from GST have stayed over Rs 1 lakh crore for eight consecutive months of dented growth during the pandemic.

Despite the bold indirect tax reform of 2017, no consensus has been reached yet on including petrol and diesel within the goods and service...

In order to provide relief to the states on account of lower tax devolution during 2019-20, and in view of the hardships being faced by the...

Publishing a pre-Budget document will improve transparency and help evaluate measures better.

Nirmala Sitharaman says commitment made in debut budget of the first Modi govt has to be honoured.

This completed the three stage Parliamentary approval process, which also included a debate on the general budget and working of some of th...

During their meeting with the 15th Finance Commission Wednesday, 12 economists also made a case for improving the quality of budgeting.

During the period under review, Telangana has reported Rs 7,687 crore of state own tax revenue as against Rs 6,031 crore a year ago, reflec...

The government has increased capital expenditure by 26% to Rs 2.14 trillion even though it has reduced plan expenditure by 1% to Rs 4.65 tr...

The focus, he said, within the Budget on 'Swachch Bharat' and linking this with health care has broad-based health issues in the country.

Constitution seeks to secure to all citizens, justice — social, economic & political. It requires creation of a Finance Commission every 5 ...

The Thirteenth Finance Commission has has suggested a share in the union taxes for the local bodies, taking the process or decentralisation...

Indira Rajaraman, member of the commission, decodes the report and details what it has it on store for the nation.

The Finance Commission should see to it that sensible economics replaces the compulsions of transient politics.