Devolution in the United Kingdom Current Affairs, GK & News

15th Finance Commission constitutes an Advisory Council to advise and assist Commission

May 10, 2018

The 15th Finance Commission has constituted an advisory council to advise and assist the commission. The 6-member council will be headed by the President of Forum for Strategic Initiatives, Arvind Virmani. The role and functions of the council will be to advise the commission on any issue or subject related to the Terms of Reference ..

Topics:  • • • • • • • •

12th Standing Committee meeting of Inter-State Council (ISC)

November 26, 2017

Rajnath Singh, the Union Home Minister, has chaired the 12th Standing Committee meeting of the Inter-State Council (ISC) in New Delhi on November 25, 2017. The purpose of the meeting was to discuss the recommendations of the Punchhi Commission on Centre-State Relations. The issues discussed in meeting included, financial transfers from Centre to States, GST, ..

Topics:  • • • • • • •

Union Cabinet to set up 15th Finance Commission

November 23, 2017

The Union Cabinet has recently approved the setting up of the 15th Finance Commission which will assess the tax resources of the nation and suggest a formula for their devolution among states. Its recommendations will have to be in place before April 1, 2020 and will takes 2 years for Finance Commission to give its ..

Topics:  • • • • • • •