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Finance Commission

Economic performance satisfactory, demand conditions bear watching: Finmin Report

Barring a sharp rise in prices of a few vegetables, inflation appears well contained, says the report

28 October 2024, 12:56 IST

Economic performance satisfactory, demand conditions bear watching: Finmin Report

Economic performance satisfactory, demand conditions bear watching: Finmin Report

Economic performance satisfactory, demand conditions bear watching: Finmin Report

28 October 2024, 12:56 IST

Centre releases first instalment of finance commission grant for local bodies in Andhra, Rajasthan

The tied grants will focus on core services such as sanitation, maintenance of open-defecation free status and water management, including rainwater harvesting, water recycling, and treatment of household waste.

12 October 2024, 08:52 IST

Centre releases first instalment of finance commission grant for local bodies in Andhra, Rajasthan

Centre releases first instalment of finance commission grant for local bodies in Andhra, Rajasthan

Centre releases first instalment of finance commission grant for local bodies in Andhra, Rajasthan

12 October 2024, 08:52 IST

Opposition-ruled states advocate for 50% share in central taxes

At the conclave of FMs of Opposition-ruled states hosted by Kerala Chief Minister Pinarayi Vijayan to draft a joint response to the Finance Commission on various issues, Karnataka Revenue Minister Krishna Byre Gowda suggested a five per cent cap on cess and surcharge.

12 September 2024, 15:27 IST

Opposition-ruled states advocate for 50% share in central taxes

Opposition-ruled states advocate for 50% share in central taxes

Opposition-ruled states advocate for 50% share in central taxes

12 September 2024, 15:27 IST

Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

Deputy Chief Minister in-charge of Finance Bhatti Vikramarka in his speech at the meeting with Finance Commission Chairman Arvind Panagariya and members also urged the finance panel to ensure that states are given the necessary autonomy to tailor CSS (centrally-sponsored scheme) programmes to their specific development needs.

10 September 2024, 08:53 IST

Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

10 September 2024, 08:53 IST

Finance Commission should heed Karnataka’s concerns

State has put forth reasonable ideas. 16th Finance Commission should take them on board to avoid discord

09 September 2024, 19:05 IST

Finance Commission should heed Karnataka’s concerns

Finance Commission should heed Karnataka’s concerns

Finance Commission should heed Karnataka’s concerns

09 September 2024, 19:05 IST

FMs' conclave: Opposition-ruled states to build pressure for fair share in 16th Finance Commission

A government source said Kerala and some other states have faced significant cuts in Central financial allocations, as recommended by previous Finance Commissions.

09 September 2024, 09:41 IST

FMs' conclave: Opposition-ruled states to build pressure for fair share in 16th Finance Commission

FMs' conclave: Opposition-ruled states to build pressure for fair share in 16th Finance Commission

FMs' conclave: Opposition-ruled states to build pressure for fair share in 16th Finance Commission

09 September 2024, 09:41 IST

Karnataka makes tough fiscal pitch for bigger resource share

Siddaramaiah said this while submitting Karnataka’s memorandum to the Arvind Panagariya-led 16th Finance Commission, which will cover a five-year period starting April 1, 2026 and decide how taxes are shared between the union and state governments.

29 August 2024, 14:42 IST

Karnataka makes tough fiscal pitch for bigger resource share

Karnataka makes tough fiscal pitch for bigger resource share

Karnataka makes tough fiscal pitch for bigger resource share

29 August 2024, 14:42 IST

Recommend capping cesses, surcharges at 5% of gross tax revenue: Karnataka CM Siddaramaiah to Finance Commission

In his address to Chairman of the 16th Finance Commission Arvind Panagariya and its members at a meeting here, he also requested the panel to recommend that vertical devolution should be at least 50 per cent of the divisible pool.

29 August 2024, 10:52 IST

Recommend capping cesses, surcharges at 5% of gross tax revenue: Karnataka CM Siddaramaiah to Finance Commission

Recommend capping cesses, surcharges at 5% of gross tax revenue: Karnataka CM Siddaramaiah to Finance Commission

Recommend capping cesses, surcharges at 5% of gross tax revenue: Karnataka CM Siddaramaiah to Finance Commission

29 August 2024, 10:52 IST

Finance Commission to disregard Karnataka's demand on income calculation

In a written communication to the Union Finance Ministry last year, the Karnataka government had asked that southern states be rewarded for taking in migrants from other states, and given that the impact of some metropolitan areas on the per capita income of certain states is significant, the 16th FC should consider excluding cities like Bengaluru, Hyderabad, Kolkata, etc, so as to arrive at a more accurate per capita income level for the respective states.

19 August 2024, 00:42 IST

Finance Commission to disregard Karnataka's demand on income calculation

Finance Commission to disregard Karnataka's demand on income calculation

Finance Commission to disregard Karnataka's demand on income calculation

19 August 2024, 00:42 IST

Finance Commission to address issues of freebies, compensation for green cover: Arvind Panagariya

He said that the finance commission has been a neutral body since 1952 and works professionally.

24 June 2024, 14:27 IST

Finance Commission to address issues of freebies, compensation for green cover: Arvind Panagariya

Finance Commission to address issues of freebies, compensation for green cover: Arvind Panagariya

Finance Commission to address issues of freebies, compensation for green cover: Arvind Panagariya

24 June 2024, 14:27 IST