Live Breaking News & Updates on 15th finance commission

Stay informed with the latest breaking news from 15th finance commission on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in 15th finance commission and stay connected to the pulse of your community

Mint Explainer: Which are India's most indebted states?

The total debt of state governments and union territories hit a record high during FY23

Tamil-nadu , India , Uttar-pradesh , Telangana , Andhra-pradesh , Madhya-pradesh , Haryana , Kerala , West-bengal , Finance-commission , State-government-debt

Centre devolves Rs 3.09 lakh cr to states till July

The Centre has transferred over Rs 3.09 lakh crore to states out of the Rs 10.21 lakh crore that are budgeted for the current fiscal year, according to Pankaj Chaudhary, the Minister of State for Finance. As a response to a question in the Lok Sabha, he explained that there is no pending payment in terms of the amount that needs to be devolved to states from the Centre. The 15th Finance Commission has recommended that states be given 41 per cent of the pool of Centre's divisible tax during the period of 2021-22 to 2025-26.

India , Lok-sabha , Pankaj-chaudhary , Services-tax , Fund-of-india , Finance-pankaj-chaudhary , Consolidated-fund , Finance-commission , Central-gst , Cgst , 15th-finance-commission , Goods-and-services-tax

Government in view of setting up 8 new cities

The 15th Finance Commission has recommended that 8 new cities be developed in the country.

Union-housing , Affairs-department , Urban-affairs-department , Development , City-development , Indian-government , 15th-finance-commission ,

Centre may set up 16th finance commission in 2023 to suggest tax devolution

The previous Finance Commission submitted its report on 9 November, 2020, for the 5 fiscals -- 2021-22 to 2025-26 -- to the President.

Finance-commission , 16th-finance-commission , Centre-state-tax-devolution , Tax-devolution , 15th-finance-commission ,

Mira Bhayandar: MBMC Stares at 'Ineligible' tag if tax revenue is not augmented

MBMC faces a task of augmenting its receipts towards property tax revenue by at least 25% to remain eligible for grants provided by the central government for various projects and initiatives under the aegis of the 15th finance commission.

Mira-bhayandar , Mira-bhayandar-municipal-corporation , Ministry-of-finance-mo , Navi-directorate-of-municipal-administration , Navi-mumbai-based-directorate , Municipal-administration , Mbmc- , 15th-finance-commission , Tax , Property-tax , Mumbai

PM-DevINE Scheme: Union Cabinet Approves Prime Ministerâ€™s Development Initiative for North East Region for 4 Years

PM-DevINE will lead to creation of infrastructure, support industries, social development projects and create livelihood activities for youth and women, thus leading to employment generation. 📰 PM-DevINE Scheme: Union Cabinet Approves Prime Minister’s Development Initiative for North East Region for 4 Years.

Delhi , India , Gati-shakti , Union-cabinet , Days-to-railway , Ministry-of-do , Eastern-council-or-central-ministries , Union-budget , District-sustainable-development-goad , Pay-commission , Oil-companies-to-cover-losses , Union-cabinet-clears-productivity-linked-bonus

Fiscal Deficit Estimated At 10.4% In 2021-22 If Disinvestment Target Missed: ICRA

A miss in the disinvestment target may cause the fiscal deficit to rise at Rs 16.6 lakh crore or 7.1 per cent of the GDP in the current financial year

India , Aditi-nayar , India-assets-holding , Fifteenth-finance-commission , Disinvestment-target-missed , Second-supplementary-demand , Air-india-assets-holding-limited , Disinvestment-target , Fiscal-deficit-target , Icra , Icra-ratings , 15th-finance-commission

Government Releases Revenue Deficit Grant For 17 States

Finance Ministry has released the monthly instalment of Rs 9,871 crore to 17 states under the post devolution revenue deficit grant

Karnataka , India , Himachal-pradesh , Kerala , Haryana , Tamil-nadu , Government-releases-revenue-deficit-grant-for , Finance-ministry , Andhra-pradesh , West-bengal , Finance-commission

New rule: Additional borrowing space only if states agree to take over discoms' future losses

As per the guidelines issued by the finance ministry, states cannot renege on power purchase contracts, cannot have unpaid subsidies to discoms, will have to reduce operational and financial losses, and will have to reduce industrial tariffs.

Karnataka , India , Uttarakhand , Uttaranchal , Bihar , One-nation-ration-card , 15th-finance-commission , Power-ministry , Finance-ministry , Gsdp , Losses

Government Gives Revenue Deficit Grant To 17 States For 2021-22

Government Gives Revenue Deficit Grant To 17 States For 2021-22
Government Gives Revenue Deficit Grant To 17 States For 2021-22
A total of Rs 1,18,452 crore in terms of grant has been suggested by the 15th Finance Commission for 2021-22, to 17 states.
Centre has released the revenue deficit grant to states for 2021-22
The Centre has released the third monthly instalment of post devolution revenue deficit grant of Rs 9,871 crore to 17 states. The grant is for the current fiscal, i.e. 2021-22.
The Department of Expenditure of the Ministry of Finance disburses this amount to states, and with the release of the third instalment, Rs 29,613 crore in total have been released in the first three months of 2021-22.

Tripura , India , Manipur , Uttar-pradesh , Himachal-pradesh , Uttarakhand , Uttaranchal , Karnataka , Tamil-nadu , Kerala , Nagaland , Haryana