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Finance ministry releases Rs 9,871 crore grant to 17 states
The grants are released as per the recommendations of the 15th Finance Commission in monthly installments to meet the gap in revenue accounts
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India’s tax revenue below potential by about 4% of GDP: NK Singh
15th Finance Commission Chairman NK Singh said an incentive mechanism for states needs to be worked out so that their policies are aligned to those of
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States may face Rs 3 lakh crore GST compensation shortfall in FY22: Report
Out of that amount, the shortfall from cess collections will be at Rs 1.6-2 lakh crore, according to an Icra report
