15th Finance Commission submits its report for FY21 to FM Sitharaman
The Commission had a wide-ranging terms of reference contained in the Presidential Notification
 "15th Finance Commission submits its report for FY21 to FM Sitharaman")
The Finance Commission on Friday submitted its report for the financial year 2020-21 to Finance Minister Nirmala Sitharaman.
The panel, headed by N K Singh, on Thursday submitted its report to the President.
"Shri @NKSingh_MP, Chairman of the 15th Finance Commission of India, along with the members and senior officials of the Commission, calls on Smt @nsitharaman and presents the Commission's report for the Financial Year 2020-21," the finance ministry said in a tweet.
The 15th Finance Commission was constituted by the President of India under Article 280 of the Constitution on November 27, 2017, to make recommendations for a period of five years from April 2020 to March 2025.
The Commission had a wide ranging terms of reference contained in the Presidential Notification.