Assam Chief Minister Himanta Biswa Sarma met with Dr. Arvind Panagariya, Chairman of the 16th Finance Commission, to discuss fund devolutio...

Arunachal Pradesh has requested the 16th Finance Commission for a Rs 6.89 lakh crore special financial package due to exclusion from extern...

A decision on revenue deficit grants to states hasn't been made yet, says Finance Commission Chairman Arvind Panagariya. The commission wil...

The Ministry of Housing and Urban Affairs aims to promote planned development of peri-urban areas by incentivising states and addressing po...

Assam Chief Minister Himanta Biswa Sarma has urged the 16th Finance Commission to increase Assam's share in horizontal devolution and alloc...

The Telangana Government has urged the 16th Finance Commission to increase the states' share in Central taxes from 41% to 50%. Deputy Chief...

Chief Minister Siddaramaiah has urged the Finance Commission to cap cess and surcharge at 5% of gross tax revenue and include collections a...

The 16th FC faces a formidable challenge. Is 41% the appropriate allocation, or does it warrant an increase or decrease? Shouldn't all cent...

The FRBM Act needs to be revamped because of prevailing uncertainty and contemporary realities and challenges, the commission said. The Uni...

Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations. The report of the 15th Finance Comm...

The 15th Finance Commission submitted two reports - the first report consisted of recommendations for the financial year 2020-21 and the fi...

The report titled ‘Finance Commission in Covid Times’, contained four volumes each pertaining to an area of the terms of reference of the F...

Some states have sent in additional memoranda to the commission over the last two months, pointing out that allocation of funds for defence...

Experts said share of J&K in vertical devolution is 0.85% but panel adjusted it to1%. This will result in a minuscule gain to Centre.

Nitish Kumar has written a letter to Jaitley expressing concern over devolution to the state over the next five years as per the 14th Finan...

The efforts of the 14th Finance Commission will be to arrive at a good balance between change and continuity to get optimum benefits.

The AP government today put forth a number of suggestions before the 14th Finance Commission for "rewarding" states based on fiscal managem...