Last Updated: Friday, December 5, 2014, 18:59
The Centre has asked states to furnish information on their finances impacted due to recent cancellation of coal block allocations and penalties imposed by the Supreme Court.
Last Updated: Monday, January 6, 2014, 21:46
Bihar government will ask for 50:50 sharing of tax revenue between Centre and states from 14th Finance Commission to make recommendation.
Last Updated: Tuesday, October 29, 2013, 08:01
The 14th Finance Commission, which began its two-day visit to Gujarat on Monday, received memorandums from ruling BJP and opposition Congress seeking more funds from central revenue pool for the state.
Last Updated: Thursday, January 17, 2013, 19:37
The Delhi government on Thursday said the Centre has agreed to consider its demand to hike its share in central taxes from the current Rs 325 crore to Rs 3500 crore and to treat the capital on par with other states on funding from Central Finance Commission to civic bodies.
Last Updated: Wednesday, January 2, 2013, 11:38
Announcing the formation of the Commission, Finance Minister P Chidambaram said it will look into issues like disinvestment, GST compensation, sale of non-priority PSUs and subsidies.
Last Updated: Friday, November 23, 2012, 16:16
The government on Friday said terms of reference of the 14th Finance Commission along with name of its Chairman will be notified soon.
Last Updated: Thursday, October 18, 2012, 19:57
The Union Cabinet has approved constitution of the 14th Finance Commission to suggest formula for sharing of tax proceeds between Centre and states.
Last Updated: Wednesday, October 17, 2012, 21:52
Former Reserve Bank Governor Y V Reddy is tipped to be the the chairman of the Finance Commission, a Constitutional body which is set up every five years.
Last Updated: Saturday, August 11, 2012, 20:56
The fiscal deficit of Karnataka was the second lowest for 2009-10 compared to certain other states, according to state budget analysis carried out by Association for Democratic Reforms (ADR) and Karnataka Election Watch (KEW).
Last Updated: Monday, March 26, 2012, 14:16
The Tamil Nadu government has proposed 14.5 per cent tax on liquor as part of efforts to generate Rs 1,500 crore revenue.
Last Updated: Friday, November 26, 2010, 15:49
The Planning Commission has constituted a high level committee to look into complaints that the 13th Finance Commission (2010-2015) has deprived many states like Tripura of its resources, a state minister said.
Last Updated: Monday, November 8, 2010, 19:47
The Assam government on Monday admitted that it has failed to fully utilize the Central grants under the 12th Finance Commission.
more videos >>
