Finance commissions recommend the sharing of taxes and grants-in-aid of revenues to states, predominantly in the nature of gap-filling grants. Over the years, although the number, scope, and coverage ...

The Union government has released Fifteenth Finance Commission (XV FC) Grants during financial year 2024–25 for rural local bodies in Punjab, Uttarakhand and Chhattisgarh. These grants provided ...

With the latest directions, the MBMC is mandated to recover at least Rs200 crore to keep itself qualified for grants under the 15th finance commission. “We are not only augmenting property tax ...

The Union government has released the 15th Finance Commission (XV FC) Grants for rural local bodies (RLBs) in Karnataka for the Financial Year 2024–25 with the first installment of Untied Grants ...

A pressing issue in India’s fiscal federal landscape that demands due attention is the declining share of Finance ... this pool for grants in aid to the states, while the 15th FC increased ...

If the process is not completed by February-March 2025, the State may lose out on the one-time infrastructure development grant of ₹2,100 crore as recommended by the 15th Finance Commission ...

The meeting was informed that during the 15th Finance Commission period, 42% of Mizoram's revenue receipts were secured through grants-in-aid from the Government of India, with an additional 42% ...