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15th Finance Commission Chairman NK Singh said - Slabs should be very high, maximum three in GST right now | 15वें वित्त आयोग के अध्यक्ष एनके सिंह ने कहा- GST में अभी स्लैब ज्यादा हैं, अधिकतम 3 होने चाहिए

15th Finance Commission Chairman NK Singh said - Slabs should be very high, maximum three in GST right now | 15वें वित्त आयोग के अध्यक्ष एनके सिंह ने कहा- GST में अभी स्लैब ज्यादा हैं, अधिकतम 3 होने चाहिए
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Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI

Hon’ble Speaker, I present the Budget for the year 2021-2022. 1. Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis. 2. When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction. 3. We could not have also imagined then that our people as those in other countries would have to endure the loss of near and dear ones and suffer hardships brought about due to a health crisis.

Union Budget 2021: Here is Full Text of Nirmala Sitharaman s Address at the Parliament

Union Budget 2021: Here is Full Text of Nirmala Sitharaman s Address at the Parliament FOLLOW US ON: Introduction Honourable Speaker, the preparation of this Budget was undertaken in circumstances like never before. We knew of calamities that have affected a country or a region within a country, but what we have endured with COVID-19 through 2020 is sui generis. RELATED NEWS When I presented the Budget 2020-21, we could not have imagined that the global economy, already in throes of a slowdown, would be pushed into an unprecedented contraction. We could not have also imagined then that our people as those in other countries would have to endure the loss of near and dear ones and suffer hardships brought about due to a health crisis.

Govt agrees to maintain States share in the divisible pool of taxes

Updated: 12.5% weightage for demographic performance of southern States in tax-transfer calculations Share Article AAA 15th Finance Commission Chairman NK Singh addressing press conference after his meeting with Madhya Pradesh Government, in Bhopal on Thursday.   | Photo Credit: A.M.Faruqui 12.5% weightage for demographic performance of southern States in tax-transfer calculations The government has accepted the Fifteenth Finance Commission’s recommendation to maintain the States’ share in the divisible pool of taxes to 41% for the five-year period starting 2021-22, and given an ‘in-principle’ nod to the panel’s suggestion to set up a separate non-lapsable fund for defence and internal security modernisation.

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