Navigating short-term fluctuations, Panagariya noted that while recent estimates for the early quarters of FY25 appeared ...

The federal government will recommend the share of taxes going to states be reduced to at least 40% from the current 41%, one ...

The panel, headed by economist Arvind Panagariya, will submit its recommendations by October 31 to be implemented from fiscal ...

Arvind Panagariya, 16th Finance Commission Chairman, says India needs a 7.3% per capita income growth to achieve 'Viksit Bharat' by 2047, highlighting the need for sustainable economic development and ...

CAG of India discusses financial landscape with 16th Finance Commission, focusing on key areas for fiscal improvement and ...

The Comptroller and Auditor General of India (CAG) met with the Sixteenth Finance Commission in Bhopal to discuss critical ...

India received a good score on fiscal codes ... criteria to decide the tax sharing formula are confined within the Finance Commission, even though recommendations of the Finance Commissions ...

NEW DELHI (Reuters) - The Indian government of Prime Minister Narendra Modi is seeking to cut the federal tax revenues that states receive, three sources with the direct knowledge of the matter said.

This could be a crucial source of information for the Finance Commission while examining the extent of fiscal consolidation for the Union and the States. The CAG's presentation drew attention to ...