Cash-strapped Bengal eyes unutilised Rs 2,500 crore lying with state coffers
Under the tied category, 60 per cent of the grant is to be spent on the specific projects chalked out by the panchayats like drinking water and sanitation schemes.
FM hints at possibility of Centre considering restoration of state status to J&K
In August 2019, the central government abrogated Article 370 of the Constitution, which accorded special status to Jammu and Kashmir, and bifurcated the state into Union territories.
After uncertainty, GST finally begins to pay dividends
The crackdown on evasions and wrongful claiming of input tax credits also helped the government shore up collections.
SC seeks ideas to set up panel on curbing freebies; Kejriwal disagrees
The Centre, through Solicitor General Tushar Mehta, changed its position and supported the ban on freebies.
Karnataka collects Rs 10,000 crore GST
Some experts wondered whether Karnataka could have earned more revenues under the previous non-GST regime.
Seek views of Finance Commission on promise of freebies by political parties: SC to Centre
In April, the ECI had told the SC that offering freebies is a policy decision of a political party, and it cannot regulate state policies and decisions taken by the parties.
Centre sanctions additional Rs 7.5 crore to Vijayawada Municipal Corporation to improve air quality
In the first phase, works estimated around `31 crore, including installation of automatic air quality monitoring sensors, water fountains and battery charging-cumswapping stations etc.
Telangana Forum for Good Governance seeks sufficient funds for gram panchayats
The Forum for Good Governance (FGG) has criticised the State government for insufficient release of funds to gram panchayats.
Vijayawada Municipal Corporation to improve drinking water supply in city
Speaking on the occasion, Srinivasa Rao said that drinking water pipelines laid many years ago in various divisions of the constituency were damaged due to leakages.
Finance Ministry releases Rs 7,183 crore revenue deficit grant to 14 states
The grants are released to the states as per the recommendations of the successive Finance Commissions to meet the gap in Revenue Accounts of the states post-devolution.
FFC grants: Centre to credit its share directly into panchayat accounts
The new arrangement is that the Centre would directly transfer its share of funds to the villages.
Assembly should adopt resolutions against privatisation of Discom: Ramadass
Former Lok Sabha member and economist said that the Central government should be urged to include Puducherry under the ambit of the Central Finance Commission.
New headache for Modi government? India’s tax collection shortfall pegged at Rs 10 lakh crore
Analysing the structural tax gap in India, the 15th Finance Commission pegged the shortfall in tax collections to be over 5% of GDP as against its potential.
15th Finance Commission marks 42 per cent of divisible tax pool for states
Excluding the union territories of Ladakh and J&K, the tax devolution share suggested by the Finance Commission is 41 per cent of the total divisible pool.
Kerala wants a bigger slice of central tax pie
The Cabinet will urge the NDA Govt to increase the state’s share of central taxes from 42 percent to 50 percent.
Bihar CM Nitish Kumar readies to oppose possible changes in 15th Finance Commission’s terms of reference
A day after meeting Prime Minister Narendra Modi in New Delhi, Kumar reportedly directed Bihar’s senior finance department officials to prepare a memorandum.
CPI-M calls 15th Finance Commission TOR biased, demands amendments
It accused the BJP-led Union government of trying to utilize the 15th Finance Commission to further centralise financial powers.
Amid stand-off with China, 15th Finance Commission begins national-level consultations with Arunachal Pradesh
The 15th Finance Commission has launched its national-level consultations with Arunachal Pradesh amidst the perception that the exercise will ruffle China’s feathers.
15th Finance Commission to rethink using 2011 census data for disbursing tax revenues among states
Southern states protest decision, arguing that they will lose revenue as population growth has been faster in the north.
New Finance Commission to study impact of GST on finances: Chairman NK Singh
NK Singh, the newly appointed Chairman of the 15th Finance Commission, today said it is imperative for such a panel to examine implications of GST on finance of the Centre and states.
Congress observes day-long 'Satyagraha' across country against Rahul's disqualification
India's highways infrastructure to match US by 2024, claims Gadkari
Popular Malayalam actor Innocent continues to be critical, on ECMO support
World's 'first robot lawyer' sued by US-based law firm for operating without degree
India summons high commissioner of Canada over actions of separatist elements
Pro-Khalistani supporters abuse Indian journalist in Washington D.C.