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Finance Commission and states’ tax shares

Cess and surcharge are not included in the central tax allocation to states and they are absorbed by the Centre. As a result, states are at a disadvantage in spending power.

5 Feb 2026 9:30 AM IST

Opposition line-up against financial discrimination

Opposition line-up against financial discrimination

7 Sept 2024 8:00 AM IST

Arvind Panagariya becomes 16th Finance Commission Chairman

Arvind Panagariya becomes 16th Finance Commission Chairman

Union govt appointed finance ministry joint secretary Ritvik Ranjanam Pandey as secretary of the commission

31 Dec 2023 5:19 PM IST

15th Finance Commission submits FY22-26 report to FM

15th Finance Commission submits FY22-26 report to FM

The report will be tabled in Parliament along with 'Explanatory Memorandum' by way of Action Taken Report

17 Nov 2020 8:17 PM IST

Tax Devolution: Finance Commission advised to treat FY21, FY22 differently

The meeting on Friday discussed a wide gamut of issues around GDP growth, the tax buoyancy of the Centre and the states,...

5 Sept 2020 1:16 PM IST