14th Finance Commission Current Affairs, GK & News
15th Finance Commission’s final report
The Fifteenth Finance Commission of India have submitted its final report fir a five-year duration. The report has been submitted with the objective of transforming the financial governance of India’s municipalities. Background The interim report for Financial Year 2020-21 was tabled in Parliament along with Budget 2020-21. The final report for Financial Year 2021-22 to ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: 14th Finance Commission • 15th Finance Commission • Fifteenth Finance Commission • Municipality • Rural local bodies
Union Government accepts 14th Finance Commission
Union government has accepted recommendations of the 14th Finance Commission (FC) as per its agenda of cooperative federalism. The accepted recommendations are for the five-year period 2015-16 to 2019-20. Key facts Government has accepted FC’s recommendation to increase the devolution of tax receipts from the Centre to the states to 42 percent. Previously, 13th FC ..
Month: Current Affairs - February, 2015
Category: Government Schemes Current Affairs
Topics: 14th Finance Commission • Current Affairs 2016 • Government Policy
14th Finance Commission submits its report to President Pranab Mukherjee
The 14th Finance Commission has submitted its report to the President Pranab Mukherjee. The commission is headed by former Reserve Bank of India (RBI) governor Y V Reddy. Finance Commission in its report has given their views on the devolution of tax receipts from the Centre to the states from 1st April 2015 to 31st ..
Month: Current Affairs - December, 2014
Category: India Nation & States Current Affairs
Topics: 14th Finance Commission • Current Affairs - 2017 • Government Policy • Y V Reddy