Finance Commission

Timelines
Coronavirus: India's death toll crosses 80; over 2,500 infected

03 Apr 2020

Coronavirus: India's death toll crosses 80; over 2,500 infected

India on Friday witnessed a record single-day growth in the number of coronavirus infections, with 478 new cases emerging in the past 24 hours.

Shaktikanta Das takes charge as new RBI Governor

12 Dec 2018

Shaktikanta Das takes charge as new RBI Governor

A day after he was appointed as the new Governor of the Reserve Bank of India (RBI), Shaktikanta Das, on Wednesday, took charge of the central bank.

#CareerBytes: List of important topics for UPSC exam

22 Oct 2018

#CareerBytes: List of important topics for UPSC exam

The UPSC Civil Services exam is one of the toughest in India, thus thorough preparation and solid determination are vital to crack it.

Bihar wants 12.59% tax revenue under 11th FC recommendations

21 Jun 2018

Bihar wants 12.59% tax revenue under 11th FC recommendations

The Bihar government will urge the 15th Finance Commission to raise the allocation of tax revenue shared by the states on the pattern of the 11th Finance Commission recommendations, Bihar Deputy Chief Minister Sushil Kumar Modi has said.

Explained: 'Special Category Status' demand of Bihar and Andhra

31 May 2018

Explained: 'Special Category Status' demand of Bihar and Andhra

In March, Andhra Pradesh CM Chandrababu Naidu quit NDA after a standoff with the Center over the demand of giving Special Category Status (SCS) to his state.

Chandrababu Naidu is confident BJP won't win 2019 general elections

27 May 2018

Chandrababu Naidu is confident BJP won't win 2019 general elections

Andhra Pradesh Chief Minister Chandrababu Naidu on Sunday said the Bharatiya Janata Party will not come to power again in 2019 Lok Sabha elections.

India, from 'fragile five' to 'bright spot' in global economy

26 May 2018

India, from 'fragile five' to 'bright spot' in global economy

Union Minister Arun Jaitley today, in his Facebook post, said that the Modi government has provided a "scam-free" governance during the last four years, and the country has transformed from being a part of the fragile five' to the "bright spot" on the global stage.

AP special-status: TDP workers block Amit Shah's road, break windshield

11 May 2018

AP special-status: TDP workers block Amit Shah's road, break windshield

TDP workers demanding special status to Andhra Pradesh (AP) today broke out in violence, attacking BJP chief Amit Shah's convoy near Tirumala in Chittoor and clashing with their BJP counterparts.

MHA needs Rs. 3,50,000cr for internal, border security in 2020-25

22 Apr 2018

MHA needs Rs. 3,50,000cr for internal, border security in 2020-25

The Home Ministry has projected a budgetary requirement of more than Rs. 3,50,000cr for internal security, police modernization, border security, disaster management and Union Territories and other related responsibilities during 2020-25.

North vs South India: Modi denies bias in 15th Finance-Commission

13 Apr 2018

North vs South India: Modi denies bias in 15th Finance-Commission

PM Narendra Modi has dismissed allegations of bias against southern states in the 15th Finance Commission.

After TDP, ally JD(U) revives special status demand for Bihar

10 Mar 2018

After TDP, ally JD(U) revives special status demand for Bihar

TDP's "special category status" for Andhra ended in CM Chandrababu Naidu calling back his party's ministers, making a public show of protest. However, Naidu stopped short of leading his party out of the NDA.

AP special-category: Amid spar, TDP pulls out ministers from Center

08 Mar 2018

AP special-category: Amid spar, TDP pulls out ministers from Center

In what might signal the beginning of an intense battle, the Telugu Desam Party (TDP) has decided to pull out both of its ministers from the Central NDA government.

15th Finance Commission to soon decide what populism is

28 Feb 2018

15th Finance Commission to soon decide what populism is

In a first, the Finance Commission, which recommends how much money states should get out of the taxes collected by the central government, will define what a populist measure is and recommend incentives for states that do not resort to them.

GST roll-out likely to be postponed to June 1

02 Jan 2017

GST roll-out likely to be postponed to June 1

With an unproductive Winter Session of Parliament, sources said it is now likely that the GST will be rolled out from 1 June; delays due to opposition protests after the demonetization scheme are to be blamed.

GST council fails to break deadlock on dual control

23 Dec 2016

GST council fails to break deadlock on dual control

Uncertainty over cross empowerment and dual control continued even as the two-day Goods and Service Tax meet ended on Friday.

Govt rushes to clear GST related bills

12 Dec 2016

Govt rushes to clear GST related bills

With just three working days before the Winter Session of Parliament concludes, the government is rushing to clear bills linked to the GST; the central goods and service tax, integrated GST, and a compensation legislation have to be inked in this session for the GST to be rolled out in April.

GST supporting laws drafts released

27 Nov 2016

GST supporting laws drafts released

The Centre released the draft of the the central GST law, the integrated GST law and the compensation law, which form the framework for the GST.

GST rates agreed upon with 4 tax slabs

03 Nov 2016

GST rates agreed upon with 4 tax slabs

After much deliberation, the GST Council is said to have agreed upon tax rates for implementing GST, with four brackets of 5, 12, 18 and 28% for various goods.

GST council makes progress on Day 1

19 Oct 2016

GST council makes progress on Day 1

On the first day of their 3-day meeting, the GST council made considerable headway in aspects such a finalizing the tax rate and the compensation formula.